Pharmaceutical products consumer price index (CPI) annually in the UK 2003-2023
In 2023, the consumer price index (CPI) of pharmaceutical products in the United Kingdom (UK) was measured at 126. The CPI is designed to measure changes in the prices of goods that consumers buy. The year 2015 is used as the base year for calculations and therefore the index in this year measures 100.
UK OTC medication market
The sales value of the British over-the-counter (OTC) medicines market has generally increased since 2000, amounting to a worth of approximately 3.2 billion British pounds in 2023, around one billion British pounds more than the value in 2011. The category with the highest sales value among OTC medication in 2023 was pain relief which accounted for nearly 750 million British pounds worth of sales.
Prescribed medication
At the same time as the OTC market has been growing, the number of prescription items dispensed also increased during this period. In 2022/23, the number of items dispensed in England showed a record high of 1.08 billion. The average number of prescription items dispensed per month at pharmacies in England came to nearly seven thousand in 2022/23.
UK OTC medication market
The sales value of the British over-the-counter (OTC) medicines market has generally increased since 2000, amounting to a worth of approximately 3.2 billion British pounds in 2023, around one billion British pounds more than the value in 2011. The category with the highest sales value among OTC medication in 2023 was pain relief which accounted for nearly 750 million British pounds worth of sales.
Prescribed medication
At the same time as the OTC market has been growing, the number of prescription items dispensed also increased during this period. In 2022/23, the number of items dispensed in England showed a record high of 1.08 billion. The average number of prescription items dispensed per month at pharmacies in England came to nearly seven thousand in 2022/23.
