Financial services inflation: annual rate by year since 1989
1.9%
-1.9%
The ONS gives an annual CPI rate for financial services (COICOP 12.6) for every year from 1989 to 2025: 37 years. In 2025 prices in this class were 1.9% higher on average than in 2024, against 3.4% for all CPI items. The highest yearly rate in the series is 11.8% in 1990; the lowest is -15.9% in 2002. The rate for this class was higher than the all-items CPI rate in 8 of the 37 years where both are published. Prices in this class fell on average in 18 years. The index (2015 = 100) stood at 100.0 in 2015 and 91.8 in 2025.
Financial services inflation by year
| Year | Annual rate | Index (2015 = 100) | CPI inflation that calendar year (ONS, D7G7) | Difference |
|---|---|---|---|---|
| 2025 | 1.9% | 91.8 | 3.4% | -1.5 points |
| 2024 | 0.2% | 90.1 | 2.5% | -2.3 points |
| 2023 | 1.4% | 89.9 | 7.3% | -5.9 points |
| 2022 | 1.2% | 88.6 | 9.1% | -7.9 points |
| 2021 | -2.4% | 87.6 | 2.6% | -5.0 points |
| 2020 | -3.9% | 89.7 | 0.9% | -4.8 points |
| 2019 | -1.1% | 93.4 | 1.8% | -2.9 points |
| 2018 | -4.2% | 94.5 | 2.5% | -6.7 points |
| 2017 | -1.2% | 98.6 | 2.7% | -3.9 points |
| 2016 | -0.2% | 99.8 | 0.7% | -0.9 points |
| 2015 | -2.3% | 100.0 | 0.0% | -2.3 points |
| 2014 | -3.1% | 102.3 | 1.5% | -4.6 points |
| 2013 | 0.1% | 105.6 | 2.6% | -2.5 points |
| 2012 | 1.5% | 105.5 | 2.8% | -1.3 points |
| 2011 | -3.1% | 103.9 | 4.5% | -7.6 points |
| 2010 | -3.6% | 107.2 | 3.3% | -6.9 points |
| 2009 | -0.3% | 111.2 | 2.2% | -2.5 points |
| 2008 | 0.2% | 111.5 | 3.6% | -3.4 points |
| 2007 | -1.3% | 111.2 | 2.3% | -3.6 points |
| 2006 | 4.4% | 112.7 | 2.3% | +2.1 points |
| 2005 | 7.5% | 107.9 | 2.1% | +5.4 points |
| 2004 | 4.3% | 100.3 | 1.3% | +3.0 points |
| 2003 | -1.7% | 96.2 | 1.4% | -3.1 points |
| 2002 | -15.9% | 97.9 | 1.3% | -17.2 points |
| 2001 | -10.5% | 116.5 | 1.2% | -11.7 points |
| 2000 | -10.2% | 130.2 | 0.8% | -11.0 points |
| 1999 | -2.7% | 145.0 | 1.3% | -4.0 points |
| 1998 | 3.1% | 149.1 | 1.6% | +1.5 points |
| 1997 | 1.2% | 144.5 | 1.8% | -0.6 points |
| 1996 | 0.6% | 142.9 | 2.4% | -1.8 points |
| 1995 | -0.1% | 142.0 | 2.6% | -2.7 points |
| 1994 | 9.6% | 142.1 | 2.0% | +7.6 points |
| 1993 | 2.2% | 129.7 | 2.5% | -0.3 points |
| 1992 | 4.8% | 126.9 | 4.2% | +0.6 points |
| 1991 | 7.0% | 121.1 | 7.5% | -0.5 points |
| 1990 | 11.8% | 113.2 | 7.0% | +4.8 points |
| 1989 | 5.3% | 101.3 | 5.2% | +0.1 points |
ONS series D7HG, index D7D4. About these tables · CSV
Latest monthly rates
| Month | 12-month rate |
|---|---|
| August 2026 | -1.9% |
| July 2026 | -2.6% |
| June 2026 | -1.5% |
| May 2026 | -1.5% |
| April 2026 | -1.5% |
| March 2026 | -1.2% |
| February 2026 | -1.2% |
| January 2026 | -1.1% |
| December 2025 | 0.6% |
| November 2025 | 0.7% |
| October 2025 | 0.8% |
| September 2025 | 0.9% |
| August 2025 | 2.1% |
| July 2025 | 1.8% |
| June 2025 | 2.4% |
| May 2025 | 2.4% |
| April 2025 | 2.1% |
| March 2025 | 3.4% |
| February 2025 | 3.4% |
| January 2025 | 2.7% |
| December 2024 | 1.5% |
| November 2024 | 0.7% |
| October 2024 | 0.4% |
| September 2024 | 0.4% |
| August 2024 | 0.3% |
Related pages
Sources and receipts
- Consumer price inflation time series (MM23), Office for National Statistics.
File: mm23.csv. Read 2026-10-15. SHA-256
1b78749ea634755b83064d88f4fc6f7dd177e0c41d8b573c9d8172b8d3fff641