Prediction: Value of £1,000 from 2019 to 2029
£1,000 in 2019 is equivalent in purchasing power to about £887.38 in 2029, a difference of £-112.62 over 10 years. The pound had an average deflation rate of -1.19% per year since 2019, producing a cumulative price change of -11.26%. The buying power of £1,000 in 2019 is predicted to be equivalent to £887.38 in 2029.
This calculation is based on future inflation assumption of -8.70% per year. Use the calculator on the left to change this prediction. Or, use the annual inflation rate calculator to view inflation in the past.
| Cumulative price change | -11.26% |
| Average inflation rate | -1.19% |
| Converted amount £1,000 base | £887.38 |
| Price difference £1,000 base | £-112.62 |
| CPI in 2019 | 1,131.520 |
| Inflation in 2019 | 2.50% |
| £1,000 in 2019 | £887.38 in 2029 |
Buying power of £1,000 in 2029
This chart shows a calculation of buying power equivalence for £1,000 in 2019 (price index tracking began in 1750).
For example, if you started with £1,000, you would need to end with £887.38 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
Future inflation is estimated at -8.70%.This table shows the results of the inflation prediction, with base values from the Office for National Statistics:
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 the current year, which is based on The Bank of England's forecast.
You may use the following MLA citation for this page: “2029 Inflation Prediction | Future UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 18 Mar. 2025, https://www.officialdata.org/uk/inflation/2019?endYear=2029&amount=1000&future_pct=-0.087.
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.
| Cumulative price change | -11.26% |
| Average inflation rate | -1.19% |
| Converted amount £1,000 base | £887.38 |
| Price difference £1,000 base | £-112.62 |
| CPI in 2019 | 1,131.520 |
| Inflation in 2019 | 2.50% |
| £1,000 in 2019 | £887.38 in 2029 |