VernumoEveryday economics from official statistics

Inflation rate in the UK by year since 1960

Inflation rate by country in 1975

In 1975, annual inflation in the UK was 24.2%, ranking 2 of 19 countries. The highest was South Korea at 25.3%.

RankCountryAnnual inflation
1South Korea25.3%
2UK24.2%
3Finland17.8%
4Italy17%
5Spain17%
6Australia15.2%
7Portugal15%
8Belgium12.8%
9Japan11.7%
10Norway11.7%
11France11.6%
12Canada10.6%
13Netherlands10.2%
14Sweden9.8%
15Denmark9.6%
16U.S.9.2%
17Austria8.4%
18Switzerland6.7%
19Germany5.9%

Other years

Annual inflation = average consumer price index for the year ÷ the previous year’s average − 1. Source: OECD annual consumer price indexes; the most recent years for the U.S. and Japan are extended with national indexes (BLS, Statistics Bureau of Japan). Monthly 12-month rates published by national agencies can differ.

Inflation calculator