UK inflation rate in 1817: 13.79%

UK Inflation Calculator


UK Inflation Rate, 1817-2017 (£1)

The composite price index (CPI) in 1817 was 13.2. the Office for National Statistics uses this CPI value to track inflation on a monthly basis.

According to the Office for National Statistics, the pound experienced an average inflation rate of 2.22% per year. Prices in 2017 are 7970.8% higher than prices in 1817.

In other words, £1 in the year 1817 is equivalent to £80.71 in 2017, a difference of £79.71 over 200 years.

The current inflation rate in 2017 is 2.70%1. If this number holds, £1 today will be equivalent to £1.03 next year.

Inflation from 1817 to 2017
Cumulative price change 7970.82%
Average inflation rate 2.22%
Price difference (£1 base) £79.71
CPI in 1817 13.2
CPI in 2017 1065.34818

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

How to calculate the inflation rate for £1 since 1817

Start with the inflation rate formula:

CPI in 2017 / CPI in 1817 * 1817 GBP value = 2017 GBP value

Then plug in historical CPI values. The UK CPI was 13.2 in the year 1817 and 1065.34818 in 2017:

1065.34818 / 13.2 * £1 = £80.71

The "purchasing power" of £1 from 1817 is £80.71 in 2017.

News headlines from 1817

Politics and news often play an important role in economic performance.

  • Jose de San Martin leads an army over the Andes to attack Spanish royalists in Chile.
  • The New York Stock exchange is founded.
  • Alexander Twilight became the first African American to graduate from a US college, Middlebury College, receiving a BA degree.
  • The first Evangelical church is built in New Berlin, Pennsylvania

Inflation Data Source: This calculator uses 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.

» Read more about inflation.