£100 in 2015 is equivalent in purchasing power to about £99.02 in 2014. The pound had an average inflation rate of 0.99% per year between 2014 and 2015, producing a cumulative price increase of -0.98%.
This means that prices in 2014 are 0.98% lower than average prices since 2015, according to the Office for National Statistics composite price index.
The inflation rate in 2014 was 2.36%. The inflation rate in 2015 was 0.99%. The 2015 inflation rate is lower compared to the average inflation rate of 3.54% per year between 2015 and 2025.
Average inflation rate | 0.99% |
Converted amount £100 base | £99.02 |
Price difference £100 base | £-0.98 |
CPI in 2015 | 1,020.000 |
CPI in 2014 | 1,010.000 |
Inflation in 2014 | 2.36% |
Inflation in 2015 | 0.99% |
£100 in 2015 | £99.02 in 2014 |
Our calculations use the following inflation rate formula to calculate the change in value between 2014 and 2015:
Then plug in historical CPI values. The U.K. CPI was 1020 in the year 2015 and 1010 in 2014:
£100 in 2015 has the same "purchasing power" or "buying power" as £99.02 in 2014.
To get the total inflation rate for the 1 years between 2014 and 2015, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the composite price index published by the UK Office for National Statistics (ONS). A composite index is created by combining price data from several different published sources, both official and unofficial. The Consumer Price Index, normally used to compute inflation, has only been tracked since 1988. All inflation calculations after 1988 use the Office for National Statistics' Consumer Price Index, except for the current year, which is based on The Bank of England's forecast.
You may use the following MLA citation for this page: “£100 in 2015 → 2014 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 4 Apr. 2025, https://www.officialdata.org/uk/inflation/2015?amount=100&endYear=2014.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
Average inflation rate | 0.99% |
Converted amount £100 base | £99.02 |
Price difference £100 base | £-0.98 |
CPI in 2015 | 1,020.000 |
CPI in 2014 | 1,010.000 |
Inflation in 2014 | 2.36% |
Inflation in 2015 | 0.99% |
£100 in 2015 | £99.02 in 2014 |