£1 in 1836 is equivalent in purchasing power to about £1.02 in 1837. The pound had an average inflation rate of 2.02% per year between 1836 and 1837, producing a cumulative price increase of 2.02%. Purchasing power decreased by 2.02% in 1837 compared to 1836. On average, you would have to spend 2.02% more money in 1837 than in 1836 for the same item.

This means that prices in 1837 are 1.02 times higher than average prices since 1836, according to the Office for National Statistics composite price index.

The inflation rate in 1836 was 11.24%. The inflation rate in 1837 was 2.02%. The 1837 inflation rate is lower compared to the average inflation rate of 2.62% per year between 1837 and 2021.

Inflation rate is calculated by change in the composite price index (CPI). The CPI in 1837 was 10.10. It was 9.90 in the previous year, 1836. The difference in CPI between the years is used by the Office for National Statistics to officially determine inflation.

⌃

Average inflation rate | 2.02% |

Converted amount (£1 base) | £1.02 |

Price difference (£1 base) | £0.02 |

CPI in 1836 | 9.900 |

CPI in 1837 | 10.100 |

Inflation in 1836 | 11.24% |

Inflation in 1837 | 2.02% |

£1 in 1836 | £1.02 in 1837 |

Our calculations use the following inflation rate formula to calculate the change in value between 1836 and 1837:

CPI in 1837
CPI in 1836

×

1836 GBP value

=

1837 GBP value

Then plug in historical CPI values. The U.K. CPI was 9.9 in the year 1836 and 10.1 in 1837:

10.19.9

×

£1

=

£1 in 1836 has the same "purchasing power" or "buying power" as £1.02 in 1837.

To get the total inflation rate for the 1 years between 1836 and 1837, we use the following formula:

CPI in 1837 - CPI in 1836CPI in 1836

×

100

=

Plugging in the values to this equation, we get:

10.1 - 9.99.9

×

100

=

Politics and news often influence economic performance. Here's what was happening at the time:

- The siege of Alamo under the command of Mexican General Santa Anna, lasts for thirteen days and results in very few of the defenders surviving.
- At the Battle of the Alamo Mexican soldiers kill 182-257 Texans during 13 days of fighting.
- Mexico's independence is recognized by Spain.

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: “Inflation Rate in 1837 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 6 Dec. 2021, https://www.officialdata.org/UK-inflation-rate-in-1837.

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

in2013dollars.com is a reference website maintained by the Official Data Foundation.

Average inflation rate | 2.02% |

Converted amount (£1 base) | £1.02 |

Price difference (£1 base) | £0.02 |

CPI in 1836 | 9.900 |

CPI in 1837 | 10.100 |

Inflation in 1836 | 11.24% |

Inflation in 1837 | 2.02% |

£1 in 1836 | £1.02 in 1837 |