£100 in 1752 → £12,357.69 in 1998

UK Inflation Calculator

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UK Inflation Rate, 1752-1998 (£100)

According to the Office for National Statistics, the pound experienced an average inflation rate of 1.98% per year. Prices in 1998 are 12257.7% higher than prices in 1752.

In other words, £100 in the year 1752 is equivalent to £12,357.69 in 1998, a difference of £12,257.69 over 246 years.

The inflation rate in 1998 was 3.43%.

Inflation from 1752 to 1998
Cumulative price change 12257.69%
Average inflation rate 1.98%
Price difference (£100 base) £12,257.69
CPI in 1752 5.2
CPI in 1998 642.6


UK inflation chart from 1988 to 2017. Based on the UK Consumer Price Index.


How to calculate the inflation rate for £100, 1752 to 1998

Start with the inflation rate formula:

CPI in 1998 / CPI in 1752 * 1752 GBP value = 1998 GBP value

Then plug in historical CPI values. The UK CPI was 5.2 in the year 1752 and 642.6 in 1998:

642.6 / 5.2 * £100 = £12,357.69

£100 in 1752 has the same "purchasing power" as £12,357.69 in 1998.


Inflation Data Source

Raw data for these calculations comes from the composite price index published by the UK Office for National Statistics (ONS). A composite index is created by combining price data from several different published sources, both official and unofficial. The Consumer Price Index, normally used to compute inflation, has only been tracked since 1988. All inflation calculations after 1988 use the Office for National Statistics' Consumer Price Index, except for 2017, which is based on The Bank of England's forecast.

You may use the following MLA citation for this page: “1752 pounds in 1998 | UK Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Education, 12 Dec. 2017, http://www.in2013dollars.com/1752-GBP-in-1998.


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