UK inflation rate in 1813: 2.52%

UK Inflation Calculator


Inflation in 1813 and Its Effect on Pound Value

Purchasing power decreased by 2.52% in 1813 compared to the previous year, 1812. On average, you would have to spend 2.52% more money in 1813 than in 1812 for the same item.

In other words, £1 in 1812 is equivalent in purchasing power to £1.03 in 1813.

The 1812 inflation rate was 13.57%. The inflation rate in 1813 was 2.52%. The 1813 inflation rate is higher compared to the average inflation rate of 2.08% per year between 1813 and 2018.

Inflation rate is calculated by change in the composite price index (CPI). The CPI in 1813 was 16.3. It was 15.9 in the previous year, 1812. The difference in CPI between the years is used by the Office for National Statistics to officially determine inflation.

Inflation from 1812 to 1813
Average inflation rate 2.52%
Converted amount (£1 base) £1.03
Price difference (£1 base) £0.03
CPI in 1812 15.900
CPI in 1813 16.300
Inflation in 1812 13.57%
Inflation in 1813 2.52%

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

How to Calculate Inflation Rate for £1, 1812 to 1813

This inflation calculator uses the following inflation rate formula:

CPI in 1813CPI in 1812
1812 GBP value
1813 GBP value

Then plug in historical CPI values. The UK CPI was 15.9 in the year 1812 and 16.3 in 1813:


£1 in 1812 has the same "purchasing power" or "buying power" as £1.03 in 1813.

To get the total inflation rate for the 1 years between 1812 and 1813, we use the following formula:

CPI in 1813 - CPI in 1812CPI in 1812
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

16.3 - 15.915.9

News headlines from 1812

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

  • Arthur Wellesley, first Duke of Wellington, orders British troops to storm Ciudad Rodrigo after a 10-day-long siege.
  • The 1812 War begins as the United States declares war against Britain.
  • Napoleon's occupation of Moscow begins.

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 1813 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 15 Dec. 2018, is a reference website maintained by the Official Data Foundation.

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