United Kingdom (UK): Monthly Retail Price Index 2017-2019

Retail Price Index (RPI) in the United Kingdom (UK) from July 2017 to July 2019

by Daniel Clark, last edited Aug 14, 2019
United Kingdom (UK): Monthly Retail Price Index 2017-2019 The Retail Price Index (RPI) is one of the main measures of inflation used to calculate the change in the price of goods and services within the British economy. This statistic displays the RPI in the United Kingdom from July 2017 to July 2019. In July 2019 the index value was 289.5, indicating that the price for a fixed basket of goods had increased, when compared to the index value of 272.9 in July 2017.
Forecasted rate of three percent
Between 2000 and 2018 the inflation rate of the Retail Price Index fluctuated between a high of 5.2 percent in 2011 and a low of minus 0.5 percent in 2009, indicating deflation in that year. In the future the government has forecasted that the RPI will stick to a generally stable rate of between 3.1 and 3.2 percent until at least 2023.

Widely used but not official
While the retail price index is still seen as a useful indicator, it is not presented as the main inflation measure, with the use of the Consumer Price Index (CPI) encouraged by the Office of National Statistics instead. The basket of goods which are used to calculate this measure constantly changes, with recent additions being smart-speakers, as well as bakeware to reflect changing tastes and priorities for consumers.
Show more

Retail Price Index (RPI) in the United Kingdom (UK) from July 2017 to July 2019

Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Related Studies: Available to Download in PDF or PPTX Format
Inflation and price indices of the UK
Inflation and price indices of the UK

All Information
in one Presentation

Inflation and price indices of the UK

Everything On "Inflation and price indices of the UK" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

Statistics on "Inflation and price indices of the UK"
  • Prince indices
The most important statistics
  • Inflation rates
  • Inflation by sector
  • International comparison
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.