Forex Fundamentals
UK Inflation Rate (CPI)

UK Inflation Rate (CPI) 16 August 2016

UK Inflation Rate (CPI) 16 August 2016: 0.6% for July 2016, above the 0.5% forecast and up from 0.5% in June 2016. It is the highest of the last 12 releases. It is the second release in a row above the forecast. Printed 0.6%, below the 2% target. It was released on Tue 16 Aug 2016 at 08:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Office for National Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
0.6%
July 2016
Forecast
0.5%
The market consensus
Previous
0.5%
As the source gives it

What a print like this usually does

Above the forecast: A clear beat, especially if inflation remains well above 2% or services prices are firm, can strengthen sterling as markets price a tighter BoE path.

UK Inflation Rate (CPI) 16 August 2016: 0.6% for July 2016 against a 0.5% forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

If you cite this release, please link to this page:

UK Inflation Rate (CPI) 16 August 2016: 0.6% vs 0.5% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-cpi/2016-08-16

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
16 Aug 2016Jul0.6%0.5%0.5%
19 Jul 2016Jun0.5%0.4%0.3%
14 Jun 2016May0.3%0.4%0.3%
17 May 2016Apr0.3%0.5%0.5%
12 Apr 2016Mar0.5%0.4%0.3%
22 Mar 2016Feb0.3%0.4%0.3%
16 Feb 2016Jan0.3%0.3%0.2%
19 Jan 2016Dec0.2%0.2%0.1%
15 Dec 2015Nov0.1%0.1%-0.1%
17 Nov 2015Oct-0.1%-0.1%-0.1%
13 Oct 2015Sep-0.1%0%0.0%
15 Sep 2015Aug0.0%0.0%0.1%
The release before:UK Inflation Rate (CPI) 19 July 2016The release after:UK Inflation Rate (CPI) 13 September 2016UK Inflation Rate (CPI): every recent resultThis week’s economic calendar