Pharmaceutical products consumer price index (CPI) annually in the UK 2003-2019

In 2019, the consumer price index (CPI) of pharmaceutical products in the United Kingdom (UK) was measured at 108.6. The CPI is designed to measure changes in the prices of goods that consumers buy. 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 2.6 billion British pounds in 2018, almost a billion British pounds more than the value in 2000. The category with the highest sales value among OTC medication in 2018 was pain relief which accounted for over 566 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 2017/18, there were over one billion items dispensed in England. As a result, the average number of prescription items dispensed per month at pharmacies in England came to approximately 7.3 thousand in 2017/18.

Consumer price index (CPI) of pharmaceutical products annually in the United Kingdom (UK) from 2003 to 2019

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Source

Release date

January 2020

Region

United Kingdom

Survey time period

2003 to 2019

Supplementary notes

* Index value 2015 equals 100. The year 2015 is the base year used to calculate the index value.
Consumer price indices are designed to measure changes in the price of everything consumers buy. More information on CPI can be found here.

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Statistics on "Pharmaceutical industry in the United Kingdom (UK)"

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