UK Inflation Rate (CPI)

UK Inflation Rate (CPI) 17 January 2017

UK Inflation Rate (CPI) 17 January 2017: 1.6% for December 2016, above the 1.4% forecast and up from 1.2% in November 2016. It is the highest of the last 12 releases. It is the second release in a row above the forecast. Printed 1.6%, below the 2% target. It was released on Tue 17 Jan 2017 at 09:30 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
1.6%
December 2016
Forecast
1.4%
The market consensus
Previous
1.2%
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) 17 January 2017: 1.6% for December 2016 against a 1.4% 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) 17 January 2017: 1.6% vs 1.4% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-cpi/2017-01-17

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
17 Jan 2017Dec1.6%1.4%1.2%
13 Dec 2016Nov1.2%1.1%0.9%
15 Nov 2016Oct0.9%1.1%1%
18 Oct 2016Sep1%0.9%0.6%
13 Sep 2016Aug0.6%0.7%0.6%
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%