A short history of (official) UK inflation

A short history of (official) UK inflation

1900 - 2012: 104.17 per cent / 0.6 per cent per year

1914 – 1918 (WWI): 103.06 per cent / 17.8 per cent per year
1939 – 1945 (WWII): 51.30 per cent / 6.9 per cent per year
1997 – 2012 (Since the Bank of England released from political control): 54.21 per cent / 2.9 per cent per year.
2008 – 2012 (Since the financial crisis): 12.99 per cent / 3.1 per cent per year

Government since 1979.

1979 – 90 (Thatcher government): 122.93 per cent / 1.9 per cent per year
1990 – 1997 (Major government): 24.85 per cent / 3.2 per cent per year
1997 – 2007 (Blair government): 31.23 per cent / 2.7 per cent per year
2007 – 2010 (Brown government): 8.23 per cent / 2.67 per cent per year
2010 – 2012 (Current government): 8.57 per cent / 4.11 per cent per year

Bank of England.

1993 – 2003 (George heading Bank): 28.85 per cent / 2.5 per cent per year
2003 – 2012 (King heading Bank): 33.92 per cent / 3.2 per cent per year

http://www.cityam.com/blog/1376059623/thatcher-only-prime-minister-last-30-years-under-whom-inflation-rose-less-20-cent

Money inflation comparison 1999 and 2009.

Average salary £18,396 - £20,900

House prices £73,302 - £163,969

Weekly State pension £66.75 - £95.25

UK consumer debt £656.4 billion - £1457.4 billion

http://www.thisismoney.co.uk/money/bills/article-1633409/Historic-inflation-calculator-value-money-changed-1900.html

And since 1960 that humble meal of fish and chips has risen in price from 6 old pence to around £4.50 today, a rise of 7,400%.