VernumoEveryday economics from official statistics

Inflation rate in the UK by year since 1960

Inflation rate by country in 2010

In 2010, annual inflation in the UK was 2.5%, ranking 4 of 21 countries. The highest was Australia at 2.9%.

RankCountryAnnual inflation
1Australia2.9%
2South Korea2.9%
3Poland2.6%
4UK2.5%
5Norway2.4%
6Denmark2.3%
7Belgium2.2%
8Canada1.8%
9Spain1.8%
10Austria1.8%
11U.S.1.6%
12France1.5%
13Italy1.5%
14Portugal1.4%
15Netherlands1.3%
16Sweden1.2%
17Finland1.2%
18Germany1.1%
19Switzerland0.7%
20Japan-0.7%
21Ireland-0.9%

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