DATA RELEASEUNITED KINGDOMMONTHLY

UK consumer prices · November 2026

The Office for National Statistics publishes the Consumer Price Index for November — the last UK inflation reading before the Bank of England's December decision.

Wednesday 17 December 2026 07:00 GMT Online · ons.gov.uk
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Where things stand going in

Previous release · 20 Nov 2026
CPI, October
2.8%
Down from 3.0% in September
Core CPI, October
2.6%
Down from 2.7%
Services CPI, October
5.0%
BoE watches closely
Next BoE decision
11 Dec
MPC meets 11 December

What gets published

CPI headline

All-items CPI for November: the 12-month rate and monthly change.

CPIH

CPI including owner-occupiers' housing costs — the ONS preferred measure.

Core CPI

All items less food, energy, alcohol and tobacco — the underlying trend.

Services and goods

Services inflation (labour-intensive, stickier) vs goods inflation (tradeable, more volatile).

How to read it

1
Start with CPI vs CPIH

The Bank of England targets CPI at 2%. CPIH (which includes owner-occupied housing) is the ONS preferred measure. Both are published simultaneously.

CPI →
2
Check services inflation

Services inflation reflects domestic labour costs and is stickier than goods. At 5.0% in October, it remains the main obstacle to the BoE cutting rates aggressively.

Core inflation →
3
Note the context: BoE met on 11 Dec

The November CPI release (17 Dec) comes after the December BoE meeting. It will feed directly into the February 2027 decision and the February Monetary Policy Report.

Real interest rate →

On the day

December 2026 · times in GMT
07:00
ONS publishes CPI and CPIH data RELEASE

Full bulletin including components, goods/services split, and average prices goes live on ons.gov.uk.

08:00
UK page updated in Explorer EXPLORER

November reading added to charts.

Morning
News story published NEWS

Component breakdown and Bank of England implications in plain language.

Around this event

Frequently asked questions

When is UK consumer prices · November 2026 released?
UK consumer prices · November 2026 is scheduled for Wednesday 17 December 2026 at 07:00 GMT. The data covers November 2026. The next release in the series is expected on December 2026 data · January 2027.
What does Office for National Statistics (ONS) publish in this release?
CPI headline: All-items CPI for November: the 12-month rate and monthly change. CPIH: CPI including owner-occupiers' housing costs — the ONS preferred measure. Core CPI: All items less food, energy, alcohol and tobacco — the underlying trend. Services and goods: Services inflation (labour-intensive, stickier) vs goods inflation (tradeable, more volatile). For detailed definitions of each measure, see the IMF inflation methodology.
How do I read the headline inflation number?
Start with CPI vs CPIH — The Bank of England targets CPI at 2%. CPIH (which includes owner-occupied housing) is the ONS preferred measure. Both are published simultaneously. Check services inflation — Services inflation reflects domestic labour costs and is stickier than goods. At 5.0% in October, it remains the main obstacle to the BoE cutting rates aggressively. Note the context: BoE met on 11 Dec — The November CPI release (17 Dec) comes after the December BoE meeting. It will feed directly into the February 2027 decision and the February Monetary Policy Report. For a deeper explanation of how consumer price indices are constructed, the IMF's primer on inflation is a reliable starting point.
Where can I follow the release live?
The official source is Online · ons.gov.uk. Times shown are in GMT — see the time-zone table on this page for your local equivalent. The Federal Reserve's economic data page and ECB statistics portal also carry same-day updates.
How does this compare to the previous release?
Going into this release: CPI, October was 2.8% (Down from 3.0% in September); Core CPI, October was 2.6% (Down from 2.7%); Services CPI, October was 5.0% (BoE watches closely); Next BoE decision was 11 Dec (MPC meets 11 December). Historical releases and revisions are archived in the World Bank WDI inflation series.