The Consumer Prices Index (CPI) rose by 3.6% in the 12 months to June 2025, up from 3.4% in the 12 months to May. The June 2025 figure was the highest recorded since January 2024, when the rate was 4.0%. On a monthly basis, CPI rose by 0.3% in June 2025, compared with a rise of 0.1% in June 2024.
The survey was fielded from July 1 through July 31, 2025. Median inflation expectations in July increased at the one-year-ahead horizon to 3.1% from 3.0% and at the five-year-ahead horizon to 2.9% from 2.6%.
The CPI annual inflation rate is expected by most forecasters to remain over 2% during the rest of 2025. The average forecast among economists surveyed by the Treasury in August 2025 was for inflation to be 3.3% in Q4 2025.
RPI annual inflation rate UK 2019-2029. Inflation is an important measure of any country's economy, and the Retail Price Index (RPI) is one of the most widely used indicators in the United Kingdom, with the rate expected to be 4.1 percent in 2025, compared with 3.6 percent in 2024.
Basic Info. UK Retail Price Index is at a current level of 406.20, up from 404.50 last month and up from 387.50 one year ago. This is a change of 0.42% from last month and 4.83% from one year ago. The UK Retail Price Index measures relative retail prices for consumers in the UK.
Inflation 101: Why Is Everything So Expensive in 2025? 💰📊📈
What is CPI for 2025?
The monthly Consumer Price Index (CPI) indicator rose 2.8 per cent in the 12 months to July 2025, according to the latest data from the Australian Bureau of Statistics (ABS). Michelle Marquardt, ABS head of prices statistics, said: 'The 2.8 per cent annual CPI inflation to July was up from 1.9 per cent to June.
Economists Plot Mostly Sub-2% US Growth Through 2026
At the same time, economists expect core inflation — measured by the personal consumption expenditures price index — will top out at an average of 3.2% in the fourth quarter.
What is the average UK inflation rate over the last 5 years?
U.K. inflation rate for 2023 was 6.79%, a 1.13% decline from 2022. U.K. inflation rate for 2022 was 7.92%, a 5.4% increase from 2021. U.K. inflation rate for 2021 was 2.52%, a 1.53% increase from 2020. U.K. inflation rate for 2020 was 0.99%, a 0.75% decline from 2019.
As things stand, the consensus among economists is that the UK will avoid a recession in 2025, albeit narrowly. The UK economy grew by 0.7% in the first quarter, so it would take two consecutive quarters of negative growth from here for the country to have entered recession.
Inflation picked up speed in January 2025, posing a challenge to the Federal Reserve's goal of pushing it to a 2% annual rate. Eggs, fuel and auto insurance all contributed to January's increase. The CPI rate reflects the year-over-year change by month. Many businesses are also expecting higher prices.
The Bank of England predicts a rise up to around 4% before falling back towards their target of 2%. The next ONS release is due on 17 September 2025, with the Bank of England's Monetary Policy Committee to release the bank rate decision the following day on 18 September 2025.
The US annual inflation rate is expected to have accelerated for a third straight month to 2.8% in July 2025, the highest since February, up from 2.7% in June. On a monthly basis, CPI is seen rising 0.2%, just below June's 0.3% gain which was the strongest since January.
A simple Purchasing Power Calculator would say the relative value is £694,200.00. This answer is obtained by multiplying £10,000.00 by the percentage increase in the RPI from 1813 to 2021.
US Expected Change in Inflation Rates: Next 5 Years is at 3.50%, compared to 3.40% last month and 3.00% last year. This is higher than the long term average of 3.20%.
The Office for Budgetary Responsibility and the Bank of England concur with that view. The latter have the CPI measure of inflation hitting 2.5% y/y by the end of 2024 and staying sticky until at least 2026. The Bank forecasts CPI to be 2.7% y/y (Q4 2025) and 2.2% (Q4 2026) before dropping back in 2027 to 1.8% y/y.
The dollar had an average inflation rate of 3.66% per year between 2021 and 2030, producing a cumulative price increase of 38.21%. The buying power of $5,000,000 in 2021 is predicted to be equivalent to $6,910,376.44 in 2030. This calculation is based on future inflation assumption of 3.00% per year.
Index (CPI) for the month of July, 2025 over July, 2024 is 1.55% (Provisional). There is decline of 55 basis points in headline inflation of July, 2025 in comparison to June, 2025.
One of the mandates of the Federal Reserve System is to promote stable prices in the United States. To achieve price stability, the Federal Reserve targets a long-run inflation rate of 2 percent.
42% of inflation could be attributed to government spending. 17% could be attributed to inflation expectations — that is, the rate at which consumers expect prices to continue to increase. 14% could be blamed on high interest rates.
Aided by a recession in the early 1990s, increased interest rates brought inflation down again to an even lower level. From March to October 2009, the change in RPI measured over a 12-month period was negative, indicating an overall annual reduction in prices, for the first time since 1960.