OBR · 2021 to 2025 · per cent

Inflation forecasts

Inflation forecasts: 2021 to 2025ConservativeConservativeLabourLabour0%2.5%5%7.5%202120222023202420252021: 2.6% per cent · published 26 March 20262022: 9.1% per cent · published 26 March 20262023: 7.3% per cent · published 26 March 20262024: 2.5% per cent · published 26 March 20262025: 3.4% per cent · published 26 March 2026

Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value

Source: OBR, Historical official forecasts database, Historical official forecasts database, March 2026 (published 26 March 2026). Data presentation: Civometry.

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