The inflation rate for the Retail Price Index (RPI) in the United Kingdom was 4.8 percent in June 2025, up from 4.4 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.
The Retail Price Index (RPI) is one of the main measures of inflation used to calculate the change in the price of goods and services within the British economy. In the second quarter of 2025 the index value was 403.2, indicating that the price for a fixed basket of goods had increased by almost more than 300 percent since 1987. The RPI inflation rate for June 2025 was 4.4 percent, up from 3.2 percent in March 2025 Inflation and UK living standards For UK consumers, high inflation is one of the main drivers of the ongoing cost of living crisis. With wages struggling to keep up with the pace of inflation for a long period between 2021 and 2023, UK households saw their living standards fall significantly. In 2022/23, real household disposable income in the UK is estimated to have fallen by 2.1 percent, which was the biggest fall in living standards since 1956. While there have been some signals that the crisis eased somewhat in 2024, such as falling energy and food inflation, an increasing share of UK households have reported increasing living costs since Summer 2024. Additional inflation indicators Aside from the Retail Price Index, the UK also produces other inflation indices such as the Consumer Price Index (CPI) and the Consumer Price Index including owner occupiers' housing costs (CPIH). While these particular indices measure consumer price increases slightly differently, they both provide an overall picture of rising prices. More specific inflation rates, such as by sector, are also produced, while other indices omit certain items, such as core inflation, which excludes food and energy inflation, to provide a more stable measure of inflation.
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Philippines RPI: Weights: MM: Miscellaneous Manufactured Articles data was reported at 8.753 % in Apr 2025. This stayed constant from the previous number of 8.753 % for Mar 2025. Philippines RPI: Weights: MM: Miscellaneous Manufactured Articles data is updated monthly, averaging 8.753 % from Jan 2012 (Median) to Apr 2025, with 160 observations. The data reached an all-time high of 8.753 % in Apr 2025 and a record low of 8.753 % in Apr 2025. Philippines RPI: Weights: MM: Miscellaneous Manufactured Articles data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table.PH.I: Retail Price Index: 2012=100: Metro Manila: Weights.
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Measures of monthly UK inflation data including CPIH, CPI and RPI. These tables complement the consumer price inflation time series dataset.
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Indonesia Wholesale Price Index: Exports: Products of RPI: Plasticware data was reported at 103.560 2005=100 in Dec 2012. This records a decrease from the previous number of 107.660 2005=100 for Nov 2012. Indonesia Wholesale Price Index: Exports: Products of RPI: Plasticware data is updated monthly, averaging 108.390 2005=100 from Jan 2009 (Median) to Dec 2012, with 48 observations. The data reached an all-time high of 140.340 2005=100 in Mar 2009 and a record low of 103.560 2005=100 in Dec 2012. Indonesia Wholesale Price Index: Exports: Products of RPI: Plasticware data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB006: Wholesale Price Index: by Sector: Exports.
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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
In 2024, the average retail price index of construction materials in the National Capital Region (NCR) of the Philippines grew by *** percent in comparison to the previous year. There was no change recorded in 2015.
The UK inflation rate was 3.6 percent in June 2025, up from 3.4 percent in the previous month, and the fastest rate of inflation since January 2024. Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years. As of the most recent month, prices were rising fastest in the communications sector, at 6.1 percent, but were falling in both the furniture and transport sectors, at -0.3 percent and -0.6 percent, respectively.
The Cost of Living Crisis
High inflation is one of the main factors behind the ongoing Cost of Living Crisis in the UK, which, despite subsiding somewhat in 2024, is still impacting households going into 2025. In December 2024, for example, 56 percent of UK households reported their cost of living was increasing compared with the previous month, up from 45 percent in July, but far lower than at the height of the crisis in 2022. After global energy prices spiraled that year, the UK's energy price cap increased substantially. The cap, which limits what suppliers can charge consumers, reached 3,549 British pounds per year in October 2022, compared with 1,277 pounds a year earlier. Along with soaring food costs, high-energy bills have hit UK households hard, especially lower income ones that spend more of their earnings on housing costs. As a result of these factors, UK households experienced their biggest fall in living standards in decades in 2022/23.
Global inflation crisis causes rapid surge in prices
The UK's high inflation, and cost of living crisis in 2022 had its origins in the COVID-19 pandemic. Following the initial waves of the virus, global supply chains struggled to meet the renewed demand for goods and services. Food and energy prices, which were already high, increased further in 2022. Russia's invasion of Ukraine in February 2022 brought an end to the era of cheap gas flowing to European markets from Russia. The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024.
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Philippines RPI: Weights: MM: Machinery & Transport Equipment (MT) data was reported at 24.095 % in Apr 2025. This stayed constant from the previous number of 24.095 % for Mar 2025. Philippines RPI: Weights: MM: Machinery & Transport Equipment (MT) data is updated monthly, averaging 24.095 % from Jan 2012 (Median) to Apr 2025, with 160 observations. The data reached an all-time high of 24.095 % in Apr 2025 and a record low of 24.095 % in Apr 2025. Philippines RPI: Weights: MM: Machinery & Transport Equipment (MT) data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table.PH.I: Retail Price Index: 2012=100: Metro Manila: Weights.
In July 2025, the UK inflation rate for goods was 2.7 percent and five percent for services. Prices for goods accelerated significantly, sharply between 2021 and 2022, before falling in 2023. By comparison, prices for services initially grew at a more moderate rate but have also not fallen as quickly. The overall CPI inflation rate for the UK reached a recent high of 11.1 percent in October 2022 and remained in double figures until April 2023, when it fell to 8.7 percent. As of this month, the UK's inflation rate was 3.6 percent, up from 3.4 percent in the previous month. Sectors driving high inflation In late 2024, communication was the sector with the highest inflation rate, with prices increasing by 6.1 percent as of December 2024. During the recent period of high inflation that eased in 2023, food and energy prices were particular high, with housing and energy inflation far higher than in any other sector, peaking at 26.6 percent towards the end of 2022. High food and energy prices since 2021 have been one of the main causes of the cost of living crisis in the UK, especially for low-income households that spend a higher share of their income on these categories. This is likely one of the factors driving increasing food bank usage in the UK, which saw approximately 3.12 million people use a food bank in 2023/24, compared with 1.9 million just before the COVID-19 pandemic. The global inflation crisis The UK has not been alone in suffering rapid price increases since 2021. After the start of the COVID-19 pandemic, a series of economic and geopolitical shocks had a dramatic impact on the global economy. A global supply chain crisis failed to meet rising demand in 2021, leading to the beginning of an Inflation Crisis, which was only exacerbated by Russia's invasion of Ukraine in February 2022. The war directly influenced the prices of food and energy, as both countries were major exporters of important crops. European imports of hydrocarbons from Russia were also steadily reduced throughout 2022 and 2023, resulting in higher energy prices throughout the year.
In 2024, the average inflation rate in the United Kingdom was approximately 2.53 percent. Between 1980 and 2024, the figure dropped by around 14.32 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.53 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.
As of April 2025, the inflation rate in the European Union was 2.4 percent, with prices rising fastest in Romania, which had an inflation rate of 4.9 percent. By contrast, both France and Cyprus saw low inflation rates during the same period, with France having the lowest inflation rate in the EU during this month. The rate of inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021. Rapid recovery and energy costs driving inflation The reopening of the European economy in 2021 following the sudden shock of COVID-19 in 2020 is behind many of the factors that have caused prices to rise so quickly in 2022. Global supply chains have not yet recovered from production issues, travel restrictions, and workforce problems brought about by the pandemic. Rising energy costs have only served to exacerbate supply problems, particularly with regard to the transport sector, which had the highest inflation rate of any sector in the EU in December 2021. High inflation rates mirrored in the U.S. The high inflation rates seen in Europe have been reflected in other parts of the world. In the United States, for example, the consumer price index reached a 40-year-high of seven percent in December 2021, influenced by many of the same factors driving European inflation. Nevertheless, it is hoped that once these supply chain issues ease, inflation levels will start to fall throughout the course of 2022.
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Philippines RPI: Weights: MM: Manufactured Goods Classified by Materials (MG) data was reported at 16.011 % in Apr 2025. This stayed constant from the previous number of 16.011 % for Mar 2025. Philippines RPI: Weights: MM: Manufactured Goods Classified by Materials (MG) data is updated monthly, averaging 16.011 % from Jan 2012 (Median) to Apr 2025, with 160 observations. The data reached an all-time high of 16.011 % in Apr 2025 and a record low of 16.011 % in Apr 2025. Philippines RPI: Weights: MM: Manufactured Goods Classified by Materials (MG) data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table.PH.I: Retail Price Index: 2012=100: Metro Manila: Weights.
In July 2025, the Consumer Price Index including owner occupiers' housing costs (CPIH) inflation rate of the United Kingdom was *** percent, up from *** percent in the previous month. The inflation rate fell noticeably after the COVID-19 pandemic but rose sharply between Spring 2021 and Autumn 2022. After peaking at *** percent in October 2022, CPIH inflation declined throughout 2023 and into 2024, falling to *** percent by September of that year, before increasing again recently. Cost of living problems persist into 2025 Although it is likely that the worst of the recent inflation surge may have passed, the issues caused by it look set to linger into 2025 and beyond. While the share of households experiencing living cost rises has fallen from ** percent in August 2022, to ** percent in July 2024, this share rose towards the end of the year, with more than half of households reporting rising costs in December. Even with lower inflation, overall consumer prices have already increased by around ** percent in the last three years, rising to almost ** percent for food prices, which lower income households typically spend more of their income on. The significant increase in people relying on food banks across the UK, is evidence of the magnitude of this problem, with approximately **** million people using food banks in 2023/24. Other measures of inflation While the CPIH inflation rate displayed here is the preferred index of the UK's Office of National Statistics, the Consumer Price Index (CPI) is often more prominently featured in the media in general. An older index, the Retail Price Index (RPI) is also still used by the government to calculate certain taxes and rail fares. Other metrics include the core inflation rate, which measures price increases without the volatility of food and energy costs, while price increases in goods and services can also be tracked separately. The inflation rate of individual sectors can also be measured, and as of December 2024, prices were rising fastest in the communications sector, at *** percent, with costs falling in the transport and furniture sectors.
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Philippines RPI: Weights: MM: Crude Materials Inedible Except Fuels (CM) data was reported at 0.109 % in Apr 2025. This stayed constant from the previous number of 0.109 % for Mar 2025. Philippines RPI: Weights: MM: Crude Materials Inedible Except Fuels (CM) data is updated monthly, averaging 0.109 % from Jan 2012 (Median) to Apr 2025, with 160 observations. The data reached an all-time high of 0.109 % in Apr 2025 and a record low of 0.109 % in Apr 2025. Philippines RPI: Weights: MM: Crude Materials Inedible Except Fuels (CM) data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table.PH.I: Retail Price Index: 2012=100: Metro Manila: Weights.
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Indonesia Wholesale Price Index: Exports: Products of RPI: Processed Rubber data was reported at 115.120 2005=100 in Dec 2012. This records an increase from the previous number of 114.040 2005=100 for Nov 2012. Indonesia Wholesale Price Index: Exports: Products of RPI: Processed Rubber data is updated monthly, averaging 129.090 2005=100 from Jan 2009 (Median) to Dec 2012, with 48 observations. The data reached an all-time high of 147.280 2005=100 in Jan 2009 and a record low of 103.410 2005=100 in Jul 2009. Indonesia Wholesale Price Index: Exports: Products of RPI: Processed Rubber data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB006: Wholesale Price Index: by Sector: Exports.
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Indonesia Wholesale Price Index: Exports: Products of RPI: Tyre and Oth Rubber Products data was reported at 177.810 2005=100 in Dec 2012. This records a decrease from the previous number of 178.200 2005=100 for Nov 2012. Indonesia Wholesale Price Index: Exports: Products of RPI: Tyre and Oth Rubber Products data is updated monthly, averaging 159.735 2005=100 from Jan 2009 (Median) to Dec 2012, with 48 observations. The data reached an all-time high of 178.200 2005=100 in Nov 2012 and a record low of 142.170 2005=100 in Feb 2010. Indonesia Wholesale Price Index: Exports: Products of RPI: Tyre and Oth Rubber Products data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB006: Wholesale Price Index: by Sector: Exports.
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Montenegro RPI: PY=100: Other Goods & Services data was reported at 101.711 Prev Year=100 in Oct 2018. This records an increase from the previous number of 101.660 Prev Year=100 for Sep 2018. Montenegro RPI: PY=100: Other Goods & Services data is updated monthly, averaging 100.486 Prev Year=100 from Jan 2009 (Median) to Oct 2018, with 118 observations. The data reached an all-time high of 104.100 Prev Year=100 in Feb 2012 and a record low of 97.300 Prev Year=100 in May 2012. Montenegro RPI: PY=100: Other Goods & Services data remains active status in CEIC and is reported by Statistical Office of Montenegro. The data is categorized under Global Database’s Montenegro – Table ME.I012: Retail Price Index: Previous Year=100.
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Retail Price Index: Sichuan: Furniture data was reported at 103.600 Prev Year=100 in 2022. This records an increase from the previous number of 103.200 Prev Year=100 for 2021. Retail Price Index: Sichuan: Furniture data is updated yearly, averaging 101.284 Prev Year=100 from Dec 2003 (Median) to 2022, with 20 observations. The data reached an all-time high of 103.776 Prev Year=100 in 2018 and a record low of 97.331 Prev Year=100 in 2012. Retail Price Index: Sichuan: Furniture data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IB: Retail Price Index: Sichuan.
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Inflation Rate in the United Arab Emirates increased to 2.88 percent in July from 2.37 percent in June of 2025. This dataset provides the latest reported value for - United Arab Emirates Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The inflation rate for the Retail Price Index (RPI) in the United Kingdom was 4.8 percent in June 2025, up from 4.4 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.