UK Inflation Rate (CPI) 16 February 2022
UK Inflation Rate (CPI) 16 February 2022: 5.5% for January 2022, above the 5.4% forecast and up from 5.4% in December 2021. It is the highest of the last 12 releases. It is the fourth release in a row above the forecast. Printed 5.5%, above the 2% target. It was released on Wed 16 Feb 2022 at 07:00 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.
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.

Cite this release
If you cite this release, please link to this page:
UK Inflation Rate (CPI) 16 February 2022: 5.5% vs 5.4% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-cpi/2022-02-16