UK Inflation Calculator
View £100 in 1910 → 2019
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UK Inflation Rate, £100 in 2017 to 1910
According to the Office for National Statistics composite price index, prices in 1910 are 99.11% lower than average prices throughout 2017. The pound experienced an average inflation rate of 4.51% per year during this period, meaning the real value of a dollar decreased.
In other words, £100 in 2017 is equivalent in purchasing power to about £0.89 in 1910, a difference of £-99.11 over 107 years.
The 1910 inflation rate was 1.05%. The inflation rate in 2017 was 3.58%. The 2017 inflation rate is higher compared to the average inflation rate of 2.14% per year between 2017 and 2019.
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| Cumulative price change | -99.11% |
| Average inflation rate | 4.51% |
| Converted amount (£100 base) | £0.89 |
| Price difference (£100 base) | £-99.11 |
| CPI in 2017 | 1,074.900 |
| CPI in 1910 | 9.600 |
| Inflation in 1910 | 1.05% |
| Inflation in 2017 | 3.58% |
Buying power of £100 in 1910
This chart shows calculation of buying power equivalence, often referred to as "the value of a pound" over time for £100 in 1910 (price index tracking began in 1750).
According to the Office for National Statistics, each of these GBP amounts below is equal in terms of what it could buy at the time:
How to Calculate Inflation Rate for £100, 1910 to 2017
This inflation calculator uses the following inflation rate formula:
CPI in 1910CPI in 2017
×
2017 GBP value
=
1910 GBP value
Then plug in historical CPI values. The UK CPI was 1074.9 in the year 2017 and 9.6 in 1910:
9.61074.9
×
£100
=
£0.89
£100 in 2017 has the same "purchasing power" or "buying power" as £0.89 in 1910.
To get the total inflation rate for the 107 years between 1910 and 2017, we use the following formula:
CPI in 1910 - CPI in 2017CPI in 2017
×
100
=
Cumulative inflation rate (107 years)
Plugging in the values to this equation, we get:
9.6 - 1074.91074.9
×
100
=
-99%
News headlines from 1910
Politics and news often influence economic performance. Here's what was happening at the time:
- Donald Trump sworn in as the 45th president of the United States.
- Hurricanes Harvey and Irma strike southeast Texas and Florida, causing extensive flooding and damage.
- Gunman kills 58 people at a Las Vegas concert, making it the deadliest mass shooting in modern U.S. history.
- North Korea tests a hydrogen bomb and over a dozen ballistic missiles amidst soaring tensions with the U.S.
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: “£100 in 2017 → 1910 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 13 Dec. 2019, https://www.officialdata.org/2017-GBP-in-1910?amount=100.
Special thanks to QuickChart for providing downloadable chart images.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | -99.11% |
| Average inflation rate | 4.51% |
| Converted amount (£100 base) | £0.89 |
| Price difference (£100 base) | £-99.11 |
| CPI in 2017 | 1,074.900 |
| CPI in 1910 | 9.600 |
| Inflation in 1910 | 1.05% |
| Inflation in 2017 | 3.58% |