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Data Starter: UK inflation rate, Feb 2016 to Feb 2026

Elizabeth Veal

24th April 2026

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What has been happening to UK inflation in the past decade?

Using the ONS inflation chart (scroll down to Figure 1), or copy this link https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/february2026, then do these calculations:

  1. Compare February’s rate of CPI inflation to the peak and trough for inflation between Feb 2016 and Feb 2026.
  2. Explain how owner occupier housing costs (OOH) affect the difference between CPI and CPIH inflation.

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Elizabeth Veal

Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.

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