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UK GDP

This statistic is using original data from the Office for National Statistics and includes copyright material from © Crown, licensed under the Open Government License v3.0. The most important key figures provide you with a compact summary of the topic of “Fast food restaurants in the United Kingdom” and take you straight to the corresponding statistics. The most important key figures provide you with a compact summary of the topic of “Migration in the UK” and take you straight to the corresponding statistics.

Other statistics that may interest you Weather in the UK

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From late 2021 onwards, various factors converged to encourage a global acceleration of prices, leading to the ongoing inflation crisis. Central bank interest rates were raised globally in response to the problem, possibly putting an end to the era of cheap money that has defined monetary policy since the financial crash of 2008. The highest average temperature recorded in 2024 until November was in August, at 16.8 degrees Celsius. Since 2015, the highest average daily temperature in the UK was registered in July 2018, at 18.7 degrees Celsius. One noticeable anomaly during this period was in December 2015, when the average daily temperature reached 9.5 degrees Celsius. This month also experienced the highest monthly rainfall in the UK since before 2014, with England, Wales, and Scotland suffering widespread flooding.

Inflation rate for the Consumer Price Index (CPI) in the United Kingdom from January 2015 to October 2025

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While the retail price index is still a popular method of calculating inflation, the consumer price index (CPI) is the current main measurement of inflation in the UK. In 2024, the average salary for full-time workers in the UK was 37,430 British pounds a year, up from 34,963 in the previous year. In London, the average annual salary was far higher than the rest of the country, at 47,455 pounds per year, compared with just 32,960 in North East England. There also still exists a noticeable gender pay gap in the UK, which was seven percent for full-time workers in 2024, down from 7.5 percent in 2023.

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Between 2021 and 2023, inflation surged in the UK, reaching a 41-year-high of 11.1 percent in October 2022. Although inflation fell to more usual levels by 2024, prices in the UK had already increased by over 20 percent relative to the start of non gamstop casinos the crisis. The two main drivers of price increases during this time were food and energy inflation, two of the main spending areas of UK households. Like the Retail Price Index, the Consumer Price Index inflation rate also reached a recent peak in October 2022. In that month, prices were rising by 11.1 percent and did not fall below double figures until April 2023. This fall was largely due to slower price increases in key sectors such as energy, which drove a significant amount of the 2022 wave of inflation.

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Inflation nevertheless remains elevated, fueled not only by high food inflation, but also by underlying core inflation. As of February 2025, the overall CPI inflation rate was 2.8 percent, although an uptick in inflation is expected later in the year, with a rate of 3.7 percent forecast for the third quarter of the year. Another way of measuring inflation is to strip out the volatility of energy and food prices and look at the underlying core inflation rate.

  • Between 1961 and 1990, temperatures in England averaged nine degrees Celsius, and from 2013 to 2022, average temperatures in the country had increased to 10.3 degrees Celsius.
  • Hitting fiscal targets, such as reducing the national debt, will require a careful balancing of the books from the current government, and the possibility for either spending cuts or tax rises.
  • The CPI, along with the CPIH (Consumer Price Index including owner occupiers’ housing costs) are usually preferred by the UK government, but the RPI is still used in certain instances.
  • Following the initial waves of the virus, global supply chains struggled to meet the renewed demand for goods and services.
  • Although the Retail Price Index is a commonly utilized inflation indicator, the UK also uses a newer method of calculating inflation, the Consumer Price Index.

The most important key figures provide you with a compact summary of the topic of “The UK economy” and take you straight to the corresponding statistics. The most important key figures provide you with a compact summary of the topic of “The United Kingdom” and take you straight to the corresponding statistics. The most important key figures provide you with a compact summary of the topic of “UK GDP” and take you straight to the corresponding statistics. Unsurprisingly, the heat wave that spread across the British Isles in 2018 was the result of particularly sunny weather.