Support 100 years of independent journalism.

    Inflation

Inflation

Inflation describes how much the cost of living is increasing (if it’s decreasing, it’s known as deflation). In the UK, the main measure of inflation is the CPI. The ONS tracks the cost of living through the prices of items in a hypothetical “basket of goods” that includes everyday products and services. Here you can find all of our latest news, comment and analysis on inflation.