CPIH in the UK 1988-2022

As of December 2022 the CPIH index in the United Kingdom was 125.3 indicating that consumer goods and services had increased in price by 24.8 percent when compared with the baseline year of 2015. The CPIH index is the consumer price index which also includes costs related to owning and maintaining a home.

CPI Rate Forecasts

During this ten-year period the CPI inflation rate reached its highest levels during the Autumn of 2011, when it reached 5.2 percent. By contrast, the inflation rate was it’s lowest four years later in the autumn of 2015, when prices actually decreased somewhat.  The CPI is forecast to remain at a generally low level until 2023, and not exceed 2.1 percent.

CPI rates across Europe

Hungary had the highest CPI inflation rate in Europe at 4 percent, followed by Poland and Luxembourg.