UK inflation rate in 1857: -4.76%

UK Inflation Calculator

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UK Inflation Rate, 1857-2017 (£1)

The composite price index (CPI) in 1857 was 10. 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 2.96% per year. Prices in 2017 are 10553.5% higher than prices in 1857.

In other words, £1 in the year 1857 is equivalent to £106.53 in 2017, a difference of £105.53 over 160 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 1857 to 2017
Cumulative price change 10553.48%
Average inflation rate 2.96%
Price difference (£1 base) £105.53
CPI in 1857 10
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 1857

Start with the inflation rate formula:

CPI in 2017 / CPI in 1857 * 1857 GBP value = 2017 GBP value

Then plug in historical CPI values. The UK CPI was 10 in the year 1857 and 1065.34818 in 2017:

1065.34818 / 10 * £1 = £106.53

£1 in 1857 has the same "purchasing power" as £106.53 in 2017.


News headlines from 1857

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

  • Foundation of the University of Calcutta as the first full-fledged university in South Asia.
  • France and the UK declare war on China, in the Second Opium War.
  • Africans denied US citizenship by a Supreme Court ruling (Dred Scott Decision).
  • Queen Victoria awards the Victoria Cross to 62 recipients after the Crimean war.

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.