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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
3 August 2026
Next update
3 September 2026
Licence
OGL v3
Direction
↓ Falling

Statistics

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