£100 in 2008 is worth £99.47 in 2009

Value of £100 from 2008 to 2009

£100 in 2008 is equivalent in purchasing power to about £99.47 in 2009. The pound had an average deflation rate of -0.53% per year since 2008, producing a cumulative price change of -0.53%.

This means that prices in 2009 are 0.53% lower than average prices since 2008, according to the Office for National Statistics composite price index.

The inflation rate in 2008 was 3.99%. The inflation rate in 2009 was -0.53%. The 2009 inflation rate is lower compared to the average inflation rate of 3.43% per year between 2009 and 2025.


Inflation from 2008 to 2009
Average inflation rate-0.53%
Converted amount
£100 base
£99.47
Price difference
£100 base
£-0.53
CPI in 2008847.500
CPI in 2009843.000
Inflation in 20083.99%
Inflation in 2009-0.53%
£100 in 2008£99.47 in 2009

Recent GBP inflation
Annual Rate, the Office for National Statistics CPI
Download

How to calculate inflation rate for £100, 2008 to 2009

Our calculations use the following inflation rate formula to calculate the change in value between 2008 and 2009:

CPI in 2009 CPI in 2008
×
2008 GBP value
=
2009 GBP value

Then plug in historical CPI values. The U.K. CPI was 847.5 in the year 2008 and 843 in 2009:

843847.5
×
£100
=
£99.47

£100 in 2008 has the same "purchasing power" or "buying power" as £99.47 in 2009.

To get the total inflation rate for the 1 years between 2008 and 2009, we use the following formula:

CPI in 2009 - CPI in 2008CPI in 2008
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

843 - 847.5847.5
×
100
=
-1%

Data source & citation

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: “2008 pounds in 2009 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 17 May. 2025, https://www.officialdata.org/2008-GBP-in-2009.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 2008 to 2009
Average inflation rate-0.53%
Converted amount
£100 base
£99.47
Price difference
£100 base
£-0.53
CPI in 2008847.500
CPI in 2009843.000
Inflation in 20083.99%
Inflation in 2009-0.53%
£100 in 2008£99.47 in 2009