RPI

UK inflation rate remains at 2.7%

The UK's rate of inflation as measured by the Consumer Price Index (CPI) in the year to September, remains at 2.7%. The rate is unchanged since August.

According to the Office for National Statistics (ONS), changes in the consumer categories used to measure the rate were relatively small compared with most months. The largest upward contribution came from air fares, though this was...

UK inflation rate falls to 2.7%

The UK's rate of inflation for the year to August, measured by the consumer prices index (CPI), fell by 0.1% to 2.7% from the figure of 2.8% in July.

Despite the fall, the prices of goods and services continue to outstrip wages which saw an average growth of 1% for the same period.

The largest contributions to the fall in the rate came from the transport (particularly motor...

UK inflation rate falls to 2.8%

The Consumer Prices Index (CPI) rate of inflation fell by 0.1% to 2.8% in the year to July 2013, down from a 14-month high of 2.9% in June, according to the Office for National Statistics.

The largest contributions to the fall in the rate came from air fares, plus price movements (in some cases the result of seasonal sales) in the recreation & culture, and clothing & footwear...