Forex Fundamentals
UK Inflation Rate (CPI)

UK Inflation Rate (CPI) 16 November 2022

UK Inflation Rate (CPI) 16 November 2022: 11.1% for October 2022, above the 10.7% forecast and up from 10.1% in September 2022. It is the highest of the last 12 releases. It is the second release in a row above the forecast. Printed 11.1%, above the 2% target. It was released on Wed 16 Nov 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.

Actual
11.1%
October 2022
Forecast
10.7%
The market consensus
Previous
10.1%
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 November 2022: 11.1% for October 2022 against a 10.7% forecast, with the last 12 releases
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Cite this release

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

UK Inflation Rate (CPI) 16 November 2022: 11.1% vs 10.7% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-cpi/2022-11-16

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
16 Nov 2022Oct11.1%10.7%10.1%
19 Oct 2022Sep10.1%10%9.9%
14 Sep 2022Aug9.9%10.2%10.1%
17 Aug 2022Jul10.1%9.8%9.4%
20 Jul 2022Jun9.4%9.3%9.1%
22 Jun 2022May9.1%9.1%9%
18 May 2022Apr9%9.1%7%
13 Apr 2022Mar7%6.7%6.2%
23 Mar 2022Feb6.2%5.9%5.5%
16 Feb 2022Jan5.5%5.4%5.4%
19 Jan 2022Dec5.4%5.2%5.1%
15 Dec 2021Nov5.1%4.7%4.2%
The release before:UK Inflation Rate (CPI) 19 October 2022The release after:UK Inflation Rate (CPI) 14 December 2022UK Inflation Rate (CPI): every recent resultThis week’s economic calendar