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Core inflation

CPI excluding energy, food, alcohol and tobacco — shows underlying domestic price pressure.

1.7 %
-0.5pp vs 2026-05

As of 2026-06

Historical trend

Trend summary

Core inflation was 1.7% in 2026-06, down from 2.2% in 2026-05.

Trend

  • Over the available record (1989-01–2026-06), it has ranged from -3.3% in 2015-02 to 19% in 2023-03.
  • The latest reading is below the record average of 3.0%.

Generated from the published series — describes direction, magnitude and range only, with no editorial judgement or forecasts.

About this indicator

Source
ONS
Update frequency
Monthly
Last updated
10 August 2026
Next update
10 September 2026
Licence
OGL v3
Direction
↓ Falling

Statistics

Latest
1.7 %
Period high
5.1 %
Period low
1.7 %
Period average
3.9 %