We are responsible for keeping inflation low and stable. The Government sets us a target of keeping inflation at 2%.
Read about how prices have changed over time.
How have prices changed over time?
Use our inflation calculator to see how prices in the UK have changed.
Try this currency converter from the National Archives to find out how much you could have earned and what you could have bought at different times in history.
What happens if prices start to fall? Read about deflation.