Factcheck LedgerReceipts, not verdicts

Goods inflation: annual rate by year since 1989

Annual rate, 2025
2.0%
ONS, CPI
12 months to August 2026
2.7%
ONS series D7NM

The ONS gives an annual CPI rate for goods (COICOP null) for every year from 1989 to 2025: 37 years. In 2025 prices in this class were 2.0% higher on average than in 2024, against 3.4% for all CPI items. The highest yearly rate in the series is 12.1% in 2022; the lowest is -2.0% in 2015. The rate for this class was higher than the all-items CPI rate in 4 of the 37 years where both are published. Prices in this class fell on average in 8 years.

12.1%-2% 19892025
Every value in the official series, 1989 to 2025.

Goods inflation by year

YearAnnual rateCPI inflation that calendar year (ONS, D7G7)Difference
20252.0%3.4%-1.4 points
2024-0.2%2.5%-2.7 points
20237.6%7.3%+0.3 points
202212.1%9.1%+3.0 points
20212.8%2.6%+0.2 points
20200.0%0.9%-0.9 points
20191.2%1.8%-0.6 points
20182.5%2.5%–
20172.7%2.7%–
2016-1.0%0.7%-1.7 points
2015-2.0%0.0%-2.0 points
20140.6%1.5%-0.9 points
20132.0%2.6%-0.6 points
20122.3%2.8%-0.5 points
20114.6%4.5%+0.1 points
20103.1%3.3%-0.2 points
20091.3%2.2%-0.9 points
20083.3%3.6%-0.3 points
20071.3%2.3%-1.0 points
20061.3%2.3%-1.0 points
20050.3%2.1%-1.8 points
2004-0.4%1.3%-1.7 points
2003-0.6%1.4%-2.0 points
2002-1.2%1.3%-2.5 points
2001-0.8%1.2%-2.0 points
2000-0.8%0.8%-1.6 points
19990.1%1.3%-1.2 points
19980.3%1.6%-1.3 points
19970.8%1.8%-1.0 points
19962.0%2.4%-0.4 points
19952.3%2.6%-0.3 points
19941.3%2.0%-0.7 points
19931.4%2.5%-1.1 points
19923.1%4.2%-1.1 points
19916.1%7.5%-1.4 points
19906.2%7.0%-0.8 points
19894.6%5.2%-0.6 points

ONS series D7NM. About these tables · CSV

Latest monthly rates

Month12-month rate
August 20262.7%
July 20262.2%
June 20261.7%
May 20262.0%
April 20262.4%
March 20262.1%
February 20261.6%
January 20261.6%
December 20252.2%
November 20252.1%
October 20252.6%
September 20252.9%
August 20252.8%
July 20252.7%
June 20252.4%
May 20252.0%
April 20251.7%
March 20250.6%
February 20250.8%
January 20251.0%
December 20240.7%
November 20240.4%
October 2024-0.3%
September 2024-1.4%
August 2024-0.9%

Inside this group

Related pages

Sources and receipts