The inflation rate for the Retail Price Index (RPI) in the United Kingdom was 3.4 percent in February 2025, down from 3.6 percent in the previous month. From 2021 onwards, prices in the UK rose rapidly, with the RPI inflation rate peaking at 14.2 percent in October 2022. Although inflation fell in subsequent months, it wasn't until July 2023 that inflation fell below double digits, and as of late 2024, the RPI rate was still above three percent. The CPI and CPIH While the retail price index is still a popular method of calculating inflation, the consumer price index (CPI) is the current main measurement of inflation in the UK. There is also an additional price index, which includes some extra housing costs, known as the Consumer Price Index including homer occupiers' costs (CPIH) index, which is seen by the UK's Office of National Statistics as the official inflation rate. As of December 2024, the CPI inflation rate stood at 2.5 percent, while the CPIH rate was 3.5 percent. Core inflation down in 2024 Another way of measuring inflation is to strip out the volatility of energy and food prices and look at the underlying core inflation rate. As of December 2024, this was 3.2 percent, slightly higher than the overall CPI rate, but more aligned with the overall figure than it was in 2022 and 2023. When inflation peaked at 11.2 percent in October 2022, for example, core inflation stood at just 6.5 percent. After energy prices in 2023 fell relative to 2022, the overall inflation rate in the UK declined quite rapidly, with core inflation overtaking the overall rate in July 2023. During the most recent period of high inflation, core inflation peaked at 7.1 percent in May 2023, and while taking longer to fall than the overall figure, has generally been declining since then.

Measures of monthly UK inflation data including CPIH, CPI and RPI. These tables complement the consumer price inflation time series dataset.

The Consumer Prices Index (CPI) and the Retail Prices Index (RPI) measure the changes from month to month in the cost of a representative 'basket' of goods and services bought by consumers within the UK. This involves weighting together price changes in the indices according to household spending patterns for different categories of goods and services so that each takes its appropriate share. At the beginning of each year the weights used to compile both the CPI and RPI are updated using the latest available information on household spending. Source agency: Office for National Statistics Designation: National Statistics Language: English Alternative title: Updating Weights

The 'shopping basket' of items making up the Consumer Prices Index (CPI) and Retail Prices Index (RPI) are reviewed every year. Some items are taken out of the basket, some are brought in, to reflect changes in the market and to make sure the CPI and RPI are up to date and representative of consumer spending patterns. This article describes the review process and explains how and why the various items in the CPI and RPI baskets are chosen.

Source agency: Office for National Statistics

Designation: National Statistics

Language: English

Alternative title: Basket of Goods

Comprehensive database of time series covering measures of inflation data for the UK including CPIH, CPI and RPI.

There are a number of differences between the Consumer Prices Index (CPI) and Retail Prices Index (RPI), including their coverage, population base, commodity measurement and methods of construction. Combined, these differences have meant that, for most of its history, the CPI has been lower than the RPI. One of the main reasons to this difference is the method of construction at the lowest level, where different formulae are used in the CPI and RPI to combine individual prices. This difference is usually referred to as the formula effect. This article will investigate similar formula effects present in the inflation measures of other countries, and where necessary will attempt to explain why the magnitude of the formula effect experienced by other countries differs from that of the UK.

Source agency: Office for National Statistics

Designation: National Statistics

Language: English

Alternative title: International Comparison

As of December 2023, the retail price index of tables in India was approximately 150.7 This meant, the RPI of tables had increased by 50 percent compared to the base year of 2016.

Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

The purpose of this article is to give the estimated effects on the Consumer Price Indices and Retail Prices Index resulting from duty and taxation changes announced in the Budget.

This article is simply a helpful guide to users of the CPI and RPI. The Office for National Statistics (ONS) accepts no liability whatsoever for losses of any kind arising as a result of reliance on this note.

Source agency: Office for National Statistics

Designation: National Statistics

Language: English

Alternative title: Budget

(CDID: CDIV) Month - Consumer price inflation time series Time series data for public sector finances and important fiscal aggregates, based on the new European System of Accounts 2010: ESA10 framework.

Contains price indices, percentage changes and weights for the Consumer Prices Index (CPI), Retail Prices Index (RPI) and the components that make up these indices. Internationally, the CPI is known as the Harmonised Index of Consumer Prices (HICP) Source agency: Office for National Statistics Designation: National Statistics Language: English Alternative title: CPI

(CDID: CZDW) Month - Consumer price inflation time series Time series data for public sector finances and important fiscal aggregates, based on the new European System of Accounts 2010: ESA10 framework.

(CDID: SGUD) Year - Consumer price inflation time series Time series data for public sector finances and important fiscal aggregates, based on the new European System of Accounts 2010: ESA10 framework.

This article describes the new RPIJ measure of Consumer Price Inflation. RPIJ is a Retail Prices Index (RPI) based measure that will use a geometric (Jevons) formula in place of one type of arithmetic formula (Carli). It is being launched in response to the National Statistician's conclusion that the RPI does not meet international standards due to the use of the Carli formula in its calculation. The accompanying Excel file includes a back series for RPIJ from 1997 to 2012.

Source agency: Office for National Statistics

Designation: National Statistics

Language: English

Alternative title: New RPIJ measure of Consumer Price Inflation

(CDID: CZZW) Year - Consumer price inflation time series Time series data for public sector finances and important fiscal aggregates, based on the new European System of Accounts 2010: ESA10 framework.

United Kingdom Retail Price Index: Weights: Food: Fruits data was reported at 9.000 Per 1000 in 2018. This stayed constant from the previous number of 9.000 Per 1000 for 2017. United Kingdom Retail Price Index: Weights: Food: Fruits data is updated yearly, averaging 8.000 Per 1000 from Dec 1974 (Median) to 2018, with 45 observations. The data reached an all-time high of 14.000 Per 1000 in 1974 and a record low of 7.000 Per 1000 in 2014. United Kingdom Retail Price Index: Weights: Food: Fruits data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.I012: Retail Price Index: Weights.

Representative items within the Consumer Prices Index including owner occupiers' housing costs, Consumer Prices Index and Retail Prices Index for the basket of goods and services.

An analysis of trends in inflation since 1947 as measured by the Retail Prices Index (RPI). Source agency: Office for National Statistics Designation: National Statistics Language: English Alternative title: Consumer inflation

As of December 2021, the retail price index of brooms in India was approximately 107. This meant, the RPI of chairs had increased by seven percent compared to the base year of 2016. Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

Construction Output Price Indices (OPIs) from January 2014 to December 2024, UK. Summary.