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# UK inflation rate in 1836: 11.24%

### Inflation in 1836 and Its Effect on Pound Value

Purchasing power decreased by 11.24% in 1836 compared to 1835. On average, you would have to spend 11.24% more money in 1836 than in 1835 for the same item.

In other words, £1 in 1835 is equivalent in purchasing power to about £1.11 in 1836.

The 1835 inflation rate was 2.30%. The inflation rate in 1836 was 11.24%. The 1836 inflation rate is higher compared to the average inflation rate of 2.62% per year between 1836 and 2019.

Inflation rate is calculated by change in the composite price index (CPI). The CPI in 1836 was 9.90. It was 8.90 in the previous year, 1835. The difference in CPI between the years is used by the Office for National Statistics to officially determine inflation.

 Average inflation rate 11.24% Converted amount (£1 base) £1.11 Price difference (£1 base) £0.11 CPI in 1835 8.900 CPI in 1836 9.900 Inflation in 1835 2.30% Inflation in 1836 11.24%

### How to Calculate Inflation Rate for £1, 1835 to 1836

This inflation calculator uses the following inflation rate formula:

CPI in 1836CPI in 1835
×
1835 GBP value
=
1836 GBP value

Then plug in historical CPI values. The UK CPI was 8.9 in the year 1835 and 9.9 in 1836:

9.98.9
×
£1
=
£1.11

£1 in 1835 has the same "purchasing power" or "buying power" as £1.11 in 1836.

To get the total inflation rate for the 1 years between 1835 and 1836, we use the following formula:

CPI in 1836 - CPI in 1835CPI in 1835
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

9.9 - 8.98.9
×
100
=
11%

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

• Richard Lawrence fails in the first documented presidential assassination attempt after he misfired at President Andrew Jackson
• National debt of the United States is officially zero: the only time that it has been that way in history.
• Signing of the New Echota Treaty, followed by the conceding of all the Cherokee Indian lands east of the Mississippi River to the US

### 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 1836 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 16 Sep. 2019, https://www.officialdata.org/UK-inflation-rate-in-1836.