£100 in 1761 → £12,900 in 2001

UK Inflation Calculator

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UK Inflation Rate, 1761-2001 (£100)

According to the Office for National Statistics composite price index, the pound experienced an average inflation rate of 2.05% per year. Prices in 2001 are 12800.0% higher than prices in 1761.

In other words, £100 in the year 1761 is equivalent in purchasing power to £12,900 in 2001, a difference of £12,800.00 over 240 years.

The inflation rate in 2001 was 1.77%.

Inflation from 1761 to 2001
Cumulative price change 12800.00%
Average inflation rate 2.05%
Price difference (£100 base) £12,800.00
CPI in 1761 5.3
CPI in 2001 683.7


UK inflation chart from 1988 to 2017. Based on the UK Consumer Price Index.


How to calculate the inflation rate for £100, 1761 to 2001

This inflation calculator uses the following inflation rate formula:

CPI in 2001 / CPI in 1761 * 1761 GBP value = 2001 GBP value

Then plug in historical CPI values. The UK CPI was 5.3 in the year 1761 and 683.7 in 2001:

683.7 / 5.3 * £100 = £12,900

£100 in 1761 has the same "purchasing power" as £12,900 in 2001.


Inflation Data Source

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 2017, which is based on The Bank of England's forecast.

You may use the following MLA citation for this page: “1761 pounds in 2001 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/1761-GBP-in-2001.


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