UK inflation rate in 1885: -3.30%

UK Inflation Calculator


Inflation in 1885 and Its Effect on Pound Value

Purchasing power increased by 3.30% in 1885 compared to 1884. On average, you would have to spend 3.30% less money in 1885 than in 1884 for the same item. This is an example of deflation.

In other words, £1 in 1884 is equivalent in purchasing power to about £0.97 in 1885.

The 1884 inflation rate was -2.15%. The inflation rate in 1885 was -3.30%. The 1885 inflation rate is lower compared to the average inflation rate of 3.68% per year between 1885 and 2019.

Inflation rate is calculated by change in the composite price index (CPI). The CPI in 1885 was 8.80. It was 9.10 in the previous year, 1884. The difference in CPI between the years is used by the Office for National Statistics to officially determine inflation. Because the 1885 CPI is less than 1884 CPI, negative inflation (also known as deflation) has occurred.

Inflation from 1884 to 1885
Average inflation rate -3.30%
Converted amount (£1 base) £0.97
Price difference (£1 base) £-0.03
CPI in 1884 9.100
CPI in 1885 8.800
Inflation in 1884 -2.15%
Inflation in 1885 -3.30%

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

How to Calculate Inflation Rate for £1, 1884 to 1885

This inflation calculator uses the following inflation rate formula:

CPI in 1885CPI in 1884
1884 GBP value
1885 GBP value

Then plug in historical CPI values. The UK CPI was 9.1 in the year 1884 and 8.8 in 1885:


£1 in 1884 has the same "purchasing power" or "buying power" as £0.97 in 1885.

To get the total inflation rate for the 1 years between 1884 and 1885, we use the following formula:

CPI in 1885 - CPI in 1884CPI in 1884
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

8.8 - 9.19.1

News headlines from 1884

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

  • The first volume of the Oxford English Dictionary is published.
  • Mahdist forces begin the Siege of Khartoum which lasts 10 months.
  • American Herman Hollerith patents the mechanical tabulating machine. This is considered the beginning of data processing.
  • Organization of Colonization of Africa at international conference in Berlin.

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 1885 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 18 Apr. 2019,

Special thanks to QuickChart for providing downloadable chart images. is a reference website maintained by the Official Data Foundation.

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