CPIH inflation, 12-month rate, United Kingdom
CPIH inflation, 12-month rate in the United Kingdom was 3.30% in , up 0.20 pp from and down 0.80 pp from a year earlier. Over the latest 12 readings it moved between 2.80% and 4.10%. The next reading is for September 2026. Source: ONS, ONS MM23, CDID L55O; history from .
Key takeaways
- CPIH inflation, 12-month rate at 3.30% in beats 74% of readings since (ONS).
- Against a ten-year average of 3.44%, CPIH inflation, 12-month rate is below that norm by 0.14 pp (ONS).
- CPIH inflation, 12-month rate has risen for 2 readings in a row up to (ONS).
What this indicator is and why it matters
CPIH inflation, 12-month rate, is the percent change over a year in the consumer prices index including owner-occupiers' housing costs, as published by the Office for National Statistics (CDID L55O). It adds to CPI the cost of living in one's own home, estimated from the rents of equivalent properties, together with council tax.
The ONS treats CPIH as its most comprehensive measure of consumer price inflation, because housing costs are a large part of household spending that CPI leaves out. Analysts who want a fuller picture of the cost of living use it, and the difference between CPIH and CPI shows how much housing is adding to or subtracting from inflation.
The main point to remember is that the Bank of England targets CPI, not CPIH, so policy decisions refer to the other measure. The owner-occupier component is based on rental equivalence rather than mortgage payments or house prices, so CPIH does not rise directly when mortgage rates go up; households with mortgages may feel a different inflation rate from the one measured. Because rents adjust slowly, CPIH also tends to move more smoothly than CPI when energy prices swing.
Where it sits in history
CPIH inflation, 12-month rate is at its highest since , when it stood at 3.40%. Within ten years, CPIH inflation, 12-month rate beats 62% of readings; earlier years held CPIH inflation, 12-month rate lower.
| Window | Latest is higher than | Average | Highest | Lowest |
|---|---|---|---|---|
| Since January 2006 | 74% of readings | 2.83% | 9.60% | 0.20% |
| Last ten years | 62% of readings | 3.44% | 9.60% | 0.50% |
| Last five years | 25% of readings | 5.03% | 9.60% | 2.60% |
- CPIH inflation, 12-month rate 3.3%
Recent readings
Last five years
- CPIH inflation, 12-month rate 3.3%
Latest readings
| Period | Value | Change from previous |
|---|---|---|
| 3.30% | +0.20 pp | |
| 3.10% | +0.30 pp | |
| 2.80% | -0.20 pp | |
| 3.00% | 0.00 pp | |
| 3.00% | -0.40 pp | |
| 3.40% | +0.20 pp | |
| 3.20% | 0.00 pp | |
| 3.20% | -0.40 pp | |
| 3.60% | +0.10 pp | |
| 3.50% | -0.30 pp | |
| 3.80% | -0.30 pp | |
| 4.10% | 0.00 pp | |
| 4.10% | -0.10 pp |
Annual averages
By calendar-year average, CPIH inflation, 12-month rate peaked in (7.90%) and bottomed in (0.37%). 2026 to date: 3.13%, after 3.88% in 2025.
| Year | Average | Low | High | Readings |
|---|---|---|---|---|
| 2026 (part year) | 3.13% | 2.80% | 3.40% | 8 |
| 2025 | 3.88% | 3.40% | 4.20% | 12 |
| 2024 | 3.28% | 2.60% | 4.20% | 12 |
| 2023 | 6.83% | 4.20% | 9.20% | 12 |
| 2022 | 7.90% | 4.90% | 9.60% | 12 |
| 2021 | 2.49% | 0.70% | 4.80% | 12 |
| 2020 | 1.00% | 0.50% | 1.80% | 12 |
| 2019 | 1.75% | 1.40% | 2.00% | 12 |
| 2018 | 2.30% | 2.00% | 2.70% | 12 |
| 2017 | 2.57% | 1.90% | 2.80% | 12 |
| 2016 | 1.00% | 0.60% | 1.80% | 12 |
| 2015 | 0.37% | 0.20% | 0.50% | 12 |
| 2014 | 1.45% | 0.70% | 1.80% | 12 |
| 2013 | 2.31% | 1.90% | 2.60% | 12 |
| 2012 | 2.58% | 2.10% | 3.20% | 12 |
| 2011 | 3.84% | 3.40% | 4.50% | 12 |
| 2010 | 2.50% | 2.10% | 3.10% | 12 |
| 2009 | 1.97% | 1.00% | 3.10% | 12 |
| 2008 | 3.50% | 2.40% | 4.80% | 12 |
| 2007 | 2.40% | 2.00% | 2.90% | 12 |
| 2006 | 2.45% | 2.00% | 2.90% | 12 |
Compared with CPI inflation, 12-month rate
CPIH inflation, 12-month rate was 0.20 pp above CPI inflation, 12-month rate in . The two differ by owner-occupiers' housing costs, which CPIH includes and CPI leaves out. A year earlier, in , the figure was 0.30 pp. Five-year range: -1.50 pp () to 1.00 pp ().
- CPIH inflation, 12-month rate 3.3%
- CPI inflation, 12-month rate 3.1%
How is it measured?
CPIH (CPI including owner occupiers' housing costs) all items, percent change over 12 months.
ONS publishes CPIH inflation, 12-month rate monthly in ONS MM23, CDID L55O, in percent and is not seasonally adjusted. Code: L55O/MM23. Method for CPIH inflation, 12-month rate.
Questions
How high is CPIH inflation, 12-month rate in the United Kingdom now?
3.30% in (ONS), down 0.80 pp on a year earlier.
Is CPIH inflation, 12-month rate high by historical standards?
CPIH inflation, 12-month rate beats 74% of readings since ; its peak was 9.60% (), its low 0.20% ().
When is CPIH inflation, 12-month rate updated?
Monthly, in ONS MM23, CDID L55O. Next reading: September 2026.
Where can I check CPIH inflation, 12-month rate at the source?
ONS data, code L55O/MM23.