UK inflation rate in 1795: 10.59%

UK Inflation Calculator


Inflation in 1795 and Its Effect on Pound Value

Purchasing power decreased by 10.59% in 1795 compared to 1794. On average, you would have to spend 10.59% more money in 1795 than in 1794 for the same item.

In other words, £1 in 1794 is equivalent in purchasing power to about £1.11 in 1795.

The 1794 inflation rate was 8.97%. The inflation rate in 1795 was 10.59%. The 1795 inflation rate is higher compared to the average inflation rate of 2.16% per year between 1795 and 2019.

Inflation rate is calculated by change in the composite price index (CPI). The CPI in 1795 was 9.40. It was 8.50 in the previous year, 1794. The difference in CPI between the years is used by the Office for National Statistics to officially determine inflation.

Inflation from 1794 to 1795
Average inflation rate 10.59%
Converted amount (£1 base) £1.11
Price difference (£1 base) £0.11
CPI in 1794 8.500
CPI in 1795 9.400
Inflation in 1794 8.97%
Inflation in 1795 10.59%

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

How to Calculate Inflation Rate for £1, 1794 to 1795

This inflation calculator uses the following inflation rate formula:

CPI in 1795CPI in 1794
1794 GBP value
1795 GBP value

Then plug in historical CPI values. The UK CPI was 8.5 in the year 1794 and 9.4 in 1795:


£1 in 1794 has the same "purchasing power" or "buying power" as £1.11 in 1795.

To get the total inflation rate for the 1 years between 1794 and 1795, we use the following formula:

CPI in 1795 - CPI in 1794CPI in 1794
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

9.4 - 8.58.5

News headlines from 1794

Politics and news often influence economic performance. Here's what was happening at the time:

  • Eli Whitney revolutionises the cotton industry, by inventing the cotton gin machine.
  • First use of a reconnaissance balloon in a Battle of Fleurus, when forces of the First French Republic defeated the Coalition Army
  • Maximilien Robespierre, along with 22 other revolutionary figures, is executed by guillotine in Paris.

Data Source & Citation

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: “Inflation Rate in 1795 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2019,

Special thanks to QuickChart for providing downloadable chart images. is a reference website maintained by the Official Data Foundation.

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