What drives UK inflation?
What drives UK inflation? Post-Brexit trade friction, energy costs, and a tight labour market keep UK prices stubbornly high. Each row traces a chain of real events that pushed inflation higher or lower, month by month.
✉️ Track chains of events as they happen. Free.
MAR 1 – MAR 31, 2026
blockade
→oil production decline
→🌍 oil price rise
🕌 oil price rise
🕌 war escalation
→🌍 energy price rise
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JAN 1 – JAN 31, 2026
🇬🇧 liquor & tobacco price rise
→🇬🇧 inflation rise
→🇬🇧 rate cut expectation decline
→🇬🇧 currency appreciation
🇬🇧 tax rise
🇬🇧 energy cost rise
🇬🇧 cost rise
🇬🇧 liquor & tobacco price rise
🇬🇧 processed food price rise
→🇬🇧 food cost rise
🇬🇧 food cost rise
DEC 1 – DEC 31, 2025
🇺🇸 oil production rise
→🌍 oil price decline
🌍 food cost rise
🌍 car price rise
🇬🇧 gdp stagnation
🇬🇧 unemployment rise
🇬🇧 discount rise
NOV 1 – NOV 30, 2025
🇬🇧 energy cost decline
🇬🇧 hotel price decline
🇬🇧 wage growth decline
🇬🇧 lending rate hold
🇬🇧 interest rate steady
OCT 1 – OCT 31, 2025
🇺🇸 tariff rise
🇬🇧 labor cost rise
SEP 1 – SEP 30, 2025
🇬🇧 wage growth decline
AUG 1 – AUG 31, 2025
🇬🇧 motor fuel cost rise
🇬🇧 airfare rise
🇬🇧 food cost rise
🇬🇧 sea fare rise
🇬🇧 hotel cost rise
🇬🇧 interest rate decline
🇬🇧 treasury yield decline
🇺🇸 tariff rise
JUL 1 – JUL 31, 2025
🌍 fuel cost rise
🌍 airfare rise
🌍 food cost rise
🇬🇧 rail fare rise
🇬🇧 administered price rise
JUN 1 – JUN 30, 2025
🕌 energy cost rise
MAY 1 – MAY 31, 2025
🇬🇧 Easter timing
🇬🇧 energy cost rise
🇬🇧 interest rate cut
APR 1 – APR 30, 2025
🇺🇸 tariff rise
🇺🇸 tariff rise
→🇬🇧 currency appreciation
🇬🇧 energy price cap rise
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MAR 1 – MAR 31, 2025
🇬🇧 wage rise
FEB 1 – FEB 28, 2025
🇬🇧 public spending rise
🇬🇧 input cost rise
JAN 1 – JAN 31, 2025
🛢️ oil output decline
→🌍 oil price rise
→🌍 energy cost rise
🇬🇧 wage rise
🇬🇧 input cost rise
🇬🇧 cost rise
NOV 1 – NOV 30, 2024
🇬🇧 tariff rise
🇬🇧 budget change
OCT 1 – OCT 31, 2024
🇬🇧 wage rise
🇬🇧 tax rise
🇬🇧 energy price cap rise
AUG 1 – AUG 31, 2024
🇬🇧 interest rate decline
JUN 1 – JUN 30, 2024
🌍 energy cost decline
🇬🇧 inflation decline forecast
MAY 1 – MAY 31, 2024
🇬🇧 interest rate hike
APR 1 – APR 30, 2024
🇬🇧 inflation slowdown
🇬🇧 energy cost decline
🇬🇧 energy price cap decline
MAR 1 – MAR 31, 2024
🇬🇧 price rise slowdown
FEB 1 – FEB 29, 2024
supply disruption
🇬🇧 wage rise
✉️ Track chains of events as they happen. Free.