Inflation forecasts during the Conservative 2017–2019 government
2016 → 2018 · 2 periods
↑ 275.7%+1.8% per cent
Inflation forecasts rose by 275.7% over the period, from 0.7% per cent (2016, the level when the government took office) to 2.5% (2018, the last complete period before it left office).
Inherited level 2016: 0.7%
Level when it left 2018: 2.5%
method: latest complete period before start / before end
Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.
Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value
Definition and caveats
CPI inflation averaged over each calendar year: the outturn as the OBR last knew it, with every official forecast for the same year.
Doesn’t measure: Inflation in any one month, RPI, or the price level.