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Economy and work

Inflation, growth, pay and jobs, from the Office for National Statistics. These are the numbers behind the headlines, with the full history rather than the latest month on its own.

CPI inflation

How much prices rose over the last 12 months. This is the headline inflation figure, and the measure the Bank of England's 2% target refers to.

UK
3.1%Change since Jul 2026: 0.2 pp

Figure for Aug 2026

Updated 15 Sep 2026. Next expected 21 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

RPI inflation

The older inflation measure, still used for some rail fares and student loans. It has the longest history on the site, back to 1948.

UK
3.4%Change since Jul 2026: 0.2 pp

Figure for Aug 2026

Updated 15 Sep 2026. Next expected 21 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

Food inflation

The change in food and non-alcoholic drink prices over the last 12 months. It often moves quite differently from the headline rate.

UK
1.3%Change since Jul 2026: 0.0 pp

Figure for Aug 2026

Updated 15 Sep 2026. Next expected 21 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

The price level

Prices themselves rather than the rate they are changing, with 2015 set to 100. This is what you need to compare what a pound bought in one year with another.

UK
143.6Change since Jul 2026: 0.7

Figure for Aug 2026

Updated 15 Sep 2026. Next expected 21 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

CPIH inflation

Inflation including the costs of owning and living in your own home. This is the ONS's own preferred measure.

UK
3.3%Change since Jul 2026: 0.2 pp

Figure for Aug 2026

Updated 15 Sep 2026. Next expected 21 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

Unemployment rate

The share of people aged 16 and over who are out of work, want a job and are looking for one.

UK
4.9%Change since May 2026: 0.0 pp

Figure for Jun 2026

Updated 14 Sep 2026. Next expected 20 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

Employment rate

The share of people aged 16 to 64 who are in work.

UK
75.1%Change since May 2026: 0.0 pp

Figure for Jun 2026

Updated 14 Sep 2026. Next expected 20 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

Average weekly pay

Average regular pay per week across the whole economy, before tax and excluding bonuses.

GB
£705Change since Jun 2026: £2

Figure for Jul 2026

Updated 14 Sep 2026. Next expected 20 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

Average weekly pay, after inflation

The same average weekly pay, adjusted by the ONS for inflation and held in constant prices. Compare it with the cash figure to see whether pay is actually buying more.

GB
£495Change since Jun 2026: £2

Figure for Jul 2026

Updated 14 Sep 2026. Next expected 20 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

Pay growth

How much regular pay has changed compared with a year earlier, averaged over three months.

GB
3.5%Change since Jun 2026: 0.0 pp

Figure for Jul 2026

Updated 14 Sep 2026. Next expected 20 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

The size of the economy

Total UK output, adjusted for inflation so that different years can be compared. Published quarterly, with a history back to 1955.

UK
£709.6bn

Figure for Q1 2026

Updated 29 Jun 2026

Source: Office for National Statistics, Open Government Licence v3.0

Economic growth

How much the economy grew or shrank compared with the previous quarter. Two negative quarters in a row is the common definition of a recession.

UK
0.6%

Figure for Q1 2026

Updated 29 Jun 2026

Source: Office for National Statistics, Open Government Licence v3.0

Economic inactivity

The share of people aged 16 to 64 who are neither working nor looking for work: students, carers, the long-term sick and the retired.

UK
20.9%Change since May 2026: 0.0 pp

Figure for Jun 2026

Updated 14 Sep 2026. Next expected 20 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

Job vacancies

How many unfilled jobs employers are advertising across the UK.

UK
702,000Change since Jun 2026: 4,000

Figure for Jul 2026

Updated 14 Sep 2026. Next expected 20 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

Claimant count

How many people are claiming unemployment-related benefits. Rules about who has to claim have changed many times, so this is not a measure of unemployment.

UK
1,691,500Change since Jul 2026: 27,800

Figure for Aug 2026

Updated 14 Sep 2026. Next expected 20 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

Government debt

What the government owes, measured against the size of the economy.

UK
94.1%Change since Jun 2026: 0.5 pp

Figure for Jul 2026

Updated 20 Aug 2026

Source: Office for National Statistics, Open Government Licence v3.0

Retail sales

How much people are buying in shops and online, adjusted for inflation. It is an index, so what matters is the direction rather than the number itself.

GB
103.6Change since Jul 2026: 0.5

Figure for Aug 2026

Updated 17 Sep 2026. Next expected 23 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0

Monthly output

A monthly index of what the economy produces, published as gross value added. It is the earliest read on growth, ahead of the quarterly figures.

UK
103.8Change since Jun 2026: 0.4

Figure for Jul 2026

Updated 10 Sep 2026. Next expected 15 Oct 2026

Source: Office for National Statistics, Open Government Licence v3.0