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In 2024, the consumer price index (CPI) of pharmaceutical products in the United Kingdom (UK) was measured at some 133 . The CPI is designed to measure changes in the prices of goods that consumers buy. The year 2015 is used as the base year for calculations, and therefore the index in this year measures 100 .Ìý

UK OTC medication market

The sales value of the British over-the-counter (OTC) medicines market has generally increased since 2000, amounting to a worth of approximately  4.1 billion British pounds in 2024. The category with the highest sales value among OTC medication in 2024 was pain relief, which accounted for nearly 860 million British pounds worth of sales.

Prescribed medication

At the same time as the OTC market has been growing, the number of prescription items dispensed also increased during this period. In 2023/24, the number of items dispensed in England showed a record high of 1.11  billion. The average number of prescription items dispensed per month at pharmacies in England came to over 7,100 in 2023/24.