UK inflation rate in 1806: -3.82%

UK Inflation Calculator

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UK Inflation Rate, 1806-2018 (£1)

The composite price index (CPI) in 1806 was 12.6. the Office for National Statistics uses this CPI value to track inflation on a monthly basis.

According to the Office for National Statistics composite price index, the pound experienced an average inflation rate of 2.13% per year. Prices in 2018 are 8603.1% higher than prices in 1806.

In other words, £1 in the year 1806 is equivalent in purchasing power to £87.03 in 2018, a difference of £86.03 over 212 years.

The current inflation rate in 2018 is 3.10%1. If this number holds, £1 today will be equivalent to £1.03 next year.

Inflation from 1806 to 2018
Cumulative price change 8603.11%
Average inflation rate 2.13%
Price difference (£1 base) £86.03
CPI in 1806 12.6
CPI in 2018 1096.59148


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


How to calculate the inflation rate for £1 since 1806

Start with the inflation rate formula:

CPI in 2018 / CPI in 1806 * 1806 GBP value = 2018 GBP value

Then plug in historical CPI values. The UK CPI was 12.6 in the year 1806 and 1096.59148 in 2018:

1096.59148 / 12.6 * £1 = £87.03

£1 in 1806 has the same "purchasing power" as £87.03 in 2018.


News headlines from 1806

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

  • Cape colony was made a British colony
  • Discovery of an 105' whale skeleton in Oregon by Lewis and Clark
  • State funeral held for Admiral Viscount Horatio Nelson, who was entombed in St Paul's Cathedral in London
  • The original Lower Trenton Toll Bridge, spanning the Delaware River, is opened. The new bridge was opened in 1935 and is referred to as the Trenton Makes - the World Takes Bridge.

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: “Inflation Rate in 1806 | UK Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 24 Feb. 2018, http://www.in2013dollars.com/UK-inflation-rate-in-1806.


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