£1 in 1824 is equivalent in purchasing power to about £1.17 in 1825. The pound had an average inflation rate of 17.48% per year between 1824 and 1825, producing a cumulative price increase of 17.48%. Purchasing power decreased by 17.48% in 1825 compared to 1824. On average, you would have to spend 17.48% more money in 1825 than in 1824 for the same item.

This means that prices in 1825 are 1.17 times higher than average prices since 1824, according to the Office for National Statistics composite price index.

The 1824 inflation rate was 8.42%. The inflation rate in 1825 was 17.48%. The 1825 inflation rate is higher compared to the average inflation rate of 2.36% per year between 1825 and 2021.

Inflation rate is calculated by change in the composite price index (CPI). The CPI in 1825 was 12.10. It was 10.30 in the previous year, 1824. The difference in CPI between the years is used by the Office for National Statistics to officially determine inflation.

⌃

Average inflation rate | 17.48% |

Converted amount (£1 base) | £1.17 |

Price difference (£1 base) | £0.17 |

CPI in 1824 | 10.300 |

CPI in 1825 | 12.100 |

Inflation in 1824 | 8.42% |

Inflation in 1825 | 17.48% |

£1 in 1824 | £1.17 in 1825 |

Our calculations use the following inflation rate formula to calculate the change in value between 1824 and 1825:

CPI in 1825
CPI in 1824

×

1824 GBP value

=

1825 GBP value

Then plug in historical CPI values. The U.K. CPI was 10.3 in the year 1824 and 12.1 in 1825:

12.110.3

×

£1

=

£1 in 1824 has the same "purchasing power" or "buying power" as £1.17 in 1825.

To get the total inflation rate for the 1 years between 1824 and 1825, we use the following formula:

CPI in 1825 - CPI in 1824CPI in 1824

×

100

=

Plugging in the values to this equation, we get:

12.1 - 10.310.3

×

100

=

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

- Congress of Peru declares Simon Bolivar a dictator
- North America claims south of 54° 40'N abandoned by Russia
- Psara in the Aegean Sea is captured by the Egyptians during the Greek War of Independence

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 1825 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 16 Sep. 2021, https://www.officialdata.org/UK-inflation-rate-in-1825.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

Average inflation rate | 17.48% |

Converted amount (£1 base) | £1.17 |

Price difference (£1 base) | £0.17 |

CPI in 1824 | 10.300 |

CPI in 1825 | 12.100 |

Inflation in 1824 | 8.42% |

Inflation in 1825 | 17.48% |

£1 in 1824 | £1.17 in 1825 |