25 datasets found
  1. RPI annual inflation rate UK 2019-2030

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). RPI annual inflation rate UK 2019-2030 [Dataset]. https://www.statista.com/statistics/374890/rpi-rate-forecast-uk/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    Inflation is an important measure of any country’s economy, and the Retail Price Index (RPI) is one of the most widely used indicators in the United Kingdom, with the rate expected to have reached an annual average of 4.3 percent in 2025, compared with 3.6 percent in 2024. This followed 2022, when RPI inflation reached a rate of 11.6 percent, by far the highest annual rate during this provided time period. CPI vs RPI Although the Retail Price Index is a commonly utilized inflation indicator, the UK also uses a newer method of calculating inflation, the Consumer Price Index. The CPI, along with the CPIH (Consumer Price Index including owner occupiers' housing costs) are usually preferred by the UK government, but the RPI is still used in certain instances. Increases in rail fares for example, are calculated using the RPI, while increases in pension payments are calculated using CPI, when this is used as the uprating factor. The use of one inflation measure over the other can therefore have a significant impact on people’s lives in the UK. High inflation eases in 2024 Like the Retail Price Index, the Consumer Price Index inflation rate also reached a recent peak in October 2022. In that month, prices were rising by 11.1 percent and did not fall below double figures until April 2023. This fall was largely due to slower price increases in key sectors such as energy, which drove a significant amount of the 2022 wave of inflation. Inflation nevertheless remains elevated, fueled not only by high food inflation, but also by underlying core inflation. As of February 2025, the overall CPI inflation rate was 2.8 percent, although an uptick in inflation is expected later in the year, with a rate of 3.7 percent forecast for the third quarter of the year.

  2. RPI inflation rate in the UK 2015-2025

    • statista.com
    Updated Nov 19, 2025
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    Statista (2025). RPI inflation rate in the UK 2015-2025 [Dataset]. https://www.statista.com/statistics/285203/percentage-change-of-the-retail-price-index-rpi-in-the-uk/
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    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2015 - Oct 2025
    Area covered
    United Kingdom
    Description

    The inflation rate for the Retail Price Index (RPI) in the United Kingdom was 4.3 percent in October 2025, down from 4.5 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.

  3. d

    Retail Price Index (RPI) - Datasets - Government of the Republic of Trinidad...

    • data.gov.tt
    Updated Nov 21, 2023
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    (2023). Retail Price Index (RPI) - Datasets - Government of the Republic of Trinidad and Tobago Open Data Platform [Dataset]. https://data.gov.tt/dataset/retail-price-index
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    Dataset updated
    Nov 21, 2023
    Area covered
    Trinidad and Tobago
    Description

    The Retail Price Index (RPI) is a tool that helps us understand how the prices of everyday items change over time in Trinidad and Tobago. Imagine you have a shopping basket filled with various items people commonly buy, like food, gas, and other services. The RPI keeps track of how the prices of these items in the basket change each month. To do this, experts regularly check the prices of these items in fifteen (15) different areas across Trinidad and Tobago. They visit local stores, markets, and gas stations to note the current prices of food and gas, which tend to change often. For items whose prices do not change as quickly, they check the prices every three (3) months. This way, the RPI gives a clear picture of how much more or less it costs to buy the same set of items over time.

  4. y

    UK Retail Price Index

    • ycharts.com
    html
    Updated Oct 22, 2025
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    Office for National Statistics (2025). UK Retail Price Index [Dataset]. https://ycharts.com/indicators/uk_retail_price_index
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    htmlAvailable download formats
    Dataset updated
    Oct 22, 2025
    Dataset provided by
    YCharts
    Authors
    Office for National Statistics
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Jan 31, 1987 - Sep 30, 2025
    Area covered
    United Kingdom
    Variables measured
    UK Retail Price Index
    Description

    View monthly updates and historical trends for UK Retail Price Index. from United Kingdom. Source: Office for National Statistics. Track economic data wit…

  5. T

    United Kingdom Retail Price Index YoY

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 20, 2021
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    TRADING ECONOMICS (2021). United Kingdom Retail Price Index YoY [Dataset]. https://tradingeconomics.com/united-kingdom/retail-price-index
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    json, csv, excel, xmlAvailable download formats
    Dataset updated
    Nov 20, 2021
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 30, 1948 - Oct 31, 2025
    Area covered
    United Kingdom
    Description

    Retail Price Index in the United Kingdom decreased to 4.30 percent in October from 4.50 percent in September of 2025. This dataset provides - United Kingdom Retail Price Index YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.

  6. F

    Real Personal Income

    • fred.stlouisfed.org
    json
    Updated Sep 26, 2025
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    (2025). Real Personal Income [Dataset]. https://fred.stlouisfed.org/series/RPI
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    jsonAvailable download formats
    Dataset updated
    Sep 26, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Real Personal Income (RPI) from Jan 1959 to Aug 2025 about personal income, personal, income, real, and USA.

  7. Consumer price inflation tables

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Oct 22, 2025
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    Office for National Statistics (2025). Consumer price inflation tables [Dataset]. https://www.ons.gov.uk/economy/inflationandpriceindices/datasets/consumerpriceinflation
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    xlsxAvailable download formats
    Dataset updated
    Oct 22, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

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

  8. T

    United Kingdom Inflation Rate

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 19, 2025
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    TRADING ECONOMICS (2025). United Kingdom Inflation Rate [Dataset]. https://tradingeconomics.com/united-kingdom/inflation-cpi
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    csv, xml, json, excelAvailable download formats
    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1989 - Oct 31, 2025
    Area covered
    United Kingdom
    Description

    Inflation Rate in the United Kingdom decreased to 3.60 percent in October from 3.80 percent in September of 2025. This dataset provides - United Kingdom Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  9. Consumer price inflation time series

    • ons.gov.uk
    • cy.ons.gov.uk
    csdb, csv, xlsx
    Updated Nov 19, 2025
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    Office for National Statistics (2025). Consumer price inflation time series [Dataset]. https://www.ons.gov.uk/economy/inflationandpriceindices/datasets/consumerpriceindices
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    csv, csdb, xlsxAvailable download formats
    Dataset updated
    Nov 19, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

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

  10. Inflation rate in the UK 2015-2025

    • statista.com
    Updated Oct 24, 2025
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    Statista (2025). Inflation rate in the UK 2015-2025 [Dataset]. https://www.statista.com/statistics/306648/inflation-rate-consumer-price-index-cpi-united-kingdom-uk/
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    Dataset updated
    Oct 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2015 - Aug 2025
    Area covered
    United Kingdom
    Description

    The UK inflation rate was 3.8 percent in September 2025, unchanged from the previous two months, 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 education sector, at 7.5 percent, with prices increasing at the slowest rate in the clothing and footwear sector. 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.

  11. d

    Western Australia Regional Price Index - Datasets - data.wa.gov.au

    • catalogue.data.wa.gov.au
    + more versions
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    Western Australia Regional Price Index - Datasets - data.wa.gov.au [Dataset]. https://catalogue.data.wa.gov.au/dataset/regional-price-index-western-australia
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    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Australia, Western Australia
    Description

    The Regional Price Index contrasts the cost of a common basket of goods and services at a number of regional locations to the Perth metropolitan area. The RPIs were commissioned to assist with the calculation of the Western Australian State Government’s regional district allowance, and it has been used to assist in policy decision-making. Show full description

  12. CPI annual inflation rate UK 2019-2030

    • statista.com
    Updated Nov 27, 2025
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    Statista (2025). CPI annual inflation rate UK 2019-2030 [Dataset]. https://www.statista.com/statistics/306720/cpi-rate-forecast-uk/
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    Dataset updated
    Nov 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    In 2025, the average annual inflation rate for the United Kingdom is expected to 3.5 percent, with the average rate for 2026 predicted to fall to 2.5 percent. Inflation in the UK increased at a faster rate than expected, with the rate revised upwards from an earlier prediction of 3.2 percent. Like many countries, the UK has only recently recovered from a period of elevated inflation, which saw the CPI rate reach 9.1 percent in 2022, and 7.3 percent in 2023. Despite the recent uptick in 2025, the inflation rate is expected to fall to 2.5 percent in 2026, and to two percent between 2027 and 2029. UK inflation crisis Between 2021 and 2023, inflation surged in the UK, reaching a 41-year-high of 11.1 percent in October 2022. Although inflation fell to more usual levels by 2024, prices in the UK had already increased by over 20 percent relative to the start of the crisis. The two main drivers of price increases during this time were food and energy inflation, two of the main spending areas of UK households. Although food and energy prices came down quite sharply in 2023, underlying core inflation, which measures prices rises without food and energy, remained slightly above the headline inflation rate throughout 2024, suggesting some aspects of inflation had become embedded in the UK economy. Inflation rises across in the world in 2022 The UK was not alone in suffering from runaway inflation over the last few years. From late 2021 onwards, various factors converged to encourage a global acceleration of prices, leading to the ongoing inflation crisis. Blocked-up supply chains were one of the main factors as the world emerged from the COVID-19 pandemic. This was followed by energy and food inflation skyrocketing after Russia's invasion of Ukraine. Central bank interest rates were raised globally in response to the problem, possibly putting an end to the era of cheap money that has defined monetary policy since the financial crash of 2008.

  13. d

    High-resolution paleomagnetic investigation in the Iceland Basin

    • search.dataone.org
    • doi.pangaea.de
    Updated Jan 6, 2018
    + more versions
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    Knudsen, Mads Faurschou; Niocaill, Conall M; Henderson, Gideon M (2018). High-resolution paleomagnetic investigation in the Iceland Basin [Dataset]. http://doi.org/10.1594/PANGAEA.715043
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    Dataset updated
    Jan 6, 2018
    Dataset provided by
    PANGAEA Data Publisher for Earth and Environmental Science
    Authors
    Knudsen, Mads Faurschou; Niocaill, Conall M; Henderson, Gideon M
    Time period covered
    Jul 22, 1995 - Mar 31, 1997
    Area covered
    Description

    Based on discrete samples, we report new high-resolution records of the ~185 kyr Iceland Basin (IB) geomagnetic excursion from Ocean Drilling Project (ODP) Site 1063 on the Bermuda Rise (sedimentation rate 32 cm/kyr) and from ODP Site 983 in the far North Atlantic (sedimentation rate 18 cm/kyr). Two records from Holes 1063A and 1063B are very consistent, and provide the highest resolution of the detailed field behaviour during the IB excursion obtained so far. Inclination records from Holes 983B and 983C in the far North Atlantic are also very consistent, whereas declination anomalies deviate more notably. The pseudo-Thellier (PT) technique was applied along with more conventional palaeointensity proxies (NRM/ARM and NRM/kappa) to recover relative palaeointensity (RPI) estimates from Hole 1063A and Hole 983B. As expected, these proxies indicate that the field intensity generally dropped at both sites during the IB excursion, but also that the history of RPI from the two sites is different. VGPs from Site 1063 indicate that the field at this location experienced some stop-and-go behaviour between patches of intense vertical flux over North America and the tip of South America, areas which coincide fairly well with patches of preferred transitional VGP clustering from reversals and zones of high seismic velocity in the lower mantle. Changes in RPI at this location were generally gradual, possibly due to the proximity of these flux patches, and the first period of VGP-clustering over North America was accompanied by a conspicuous increase in RPI. VGPs from Site 983 track along a different path, and the associated RPI changes are very abrupt and completely synchronous with the onset and termination of the excursion. The differing VGP paths from Sites 1063 and 983 indicate that the global field structure during the IB excursion was not dominated by a single dipole.

  14. T

    Netherlands Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Dec 3, 2025
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    TRADING ECONOMICS (2025). Netherlands Inflation Rate [Dataset]. https://tradingeconomics.com/netherlands/inflation-cpi
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    json, xml, csv, excelAvailable download formats
    Dataset updated
    Dec 3, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1971 - Nov 30, 2025
    Area covered
    Netherlands
    Description

    Inflation Rate in Netherlands decreased to 2.90 percent in November from 3.10 percent in October of 2025. This dataset provides - Netherlands Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  15. 印度 RPI: Industrial Workers: 2016=100: Clothing & Footwear: Clothing: Other...

    • ceicdata.com
    + more versions
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    CEICdata.com, 印度 RPI: Industrial Workers: 2016=100: Clothing & Footwear: Clothing: Other Garment: Jagging / Track sui t/ Gloves /Nakab / Company Dress etc [Dataset]. https://www.ceicdata.com/zh-hans/india/retail-price-index-industrial-workers-2016100-clothing--footwear-clothing
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2023 - Nov 1, 2024
    Area covered
    印度
    Description

    RPI: Industrial Workers: 2016=100: Clothing & Footwear: Clothing: Other Garment: Jagging / Track sui t/ Gloves /Nakab / Company Dress etc在2025-02达176.9002016=100,相较于2025-01的176.5002016=100有所增长。RPI: Industrial Workers: 2016=100: Clothing & Footwear: Clothing: Other Garment: Jagging / Track sui t/ Gloves /Nakab / Company Dress etc数据按月度更新,2020-09至2025-02期间平均值为148.5002016=100,共54份观测结果。该数据的历史最高值出现于2023-09,达185.1002016=100,而历史最低值则出现于2020-09,为115.2002016=100。CEIC提供的RPI: Industrial Workers: 2016=100: Clothing & Footwear: Clothing: Other Garment: Jagging / Track sui t/ Gloves /Nakab / Company Dress etc数据处于定期更新的状态,数据来源于Labour Bureau,数据归类于India Premium Database的Inflation – Table IN.IH014: Retail Price Index: Industrial Workers: 2016=100: Clothing & Footwear: Clothing。

  16. T

    Spain Inflation Rate

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 14, 2025
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    TRADING ECONOMICS (2025). Spain Inflation Rate [Dataset]. https://tradingeconomics.com/spain/inflation-cpi
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    Nov 14, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 1955 - Nov 30, 2025
    Area covered
    Spain
    Description

    Inflation Rate in Spain decreased to 3 percent in November from 3.10 percent in October of 2025. This dataset provides the latest reported value for - Spain Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  17. T

    France Inflation Rate

    • tradingeconomics.com
    • ko.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 28, 2025
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    TRADING ECONOMICS (2025). France Inflation Rate [Dataset]. https://tradingeconomics.com/france/inflation-cpi
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    json, csv, excel, xmlAvailable download formats
    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 1958 - Nov 30, 2025
    Area covered
    France
    Description

    Inflation Rate in France remained unchanged at 0.90 percent in November. This dataset provides the latest reported value for - France Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  18. T

    Ireland Inflation Rate

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 13, 2025
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    TRADING ECONOMICS (2025). Ireland Inflation Rate [Dataset]. https://tradingeconomics.com/ireland/inflation-cpi
    Explore at:
    xml, csv, excel, jsonAvailable download formats
    Dataset updated
    Nov 13, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Nov 30, 1976 - Oct 31, 2025
    Area covered
    Ireland
    Description

    Inflation Rate in Ireland increased to 2.90 percent in October from 2.70 percent in September of 2025. This dataset provides the latest reported value for - Ireland Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  19. Construction output price indices

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Nov 13, 2025
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    Office for National Statistics (2025). Construction output price indices [Dataset]. https://www.ons.gov.uk/businessindustryandtrade/constructionindustry/datasets/interimconstructionoutputpriceindices
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    xlsxAvailable download formats
    Dataset updated
    Nov 13, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    Construction Output Price Indices (OPIs) from January 2014 to September 2025, UK. Summary

  20. Average inflation rate in the United Kingdom 1980-2030

    • statista.com
    • abripper.com
    Updated Nov 28, 2025
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    Statista (2025). Average inflation rate in the United Kingdom 1980-2030 [Dataset]. https://www.statista.com/statistics/270384/inflation-rate-in-the-united-kingdom/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    In 2024, the average inflation rate in the United Kingdom stood at 2.53 percent. Between 1980 and 2024, the figure dropped by 14.32 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by 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.

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Statista (2025). RPI annual inflation rate UK 2019-2030 [Dataset]. https://www.statista.com/statistics/374890/rpi-rate-forecast-uk/
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RPI annual inflation rate UK 2019-2030

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Dataset updated
Nov 28, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United Kingdom
Description

Inflation is an important measure of any country’s economy, and the Retail Price Index (RPI) is one of the most widely used indicators in the United Kingdom, with the rate expected to have reached an annual average of 4.3 percent in 2025, compared with 3.6 percent in 2024. This followed 2022, when RPI inflation reached a rate of 11.6 percent, by far the highest annual rate during this provided time period. CPI vs RPI Although the Retail Price Index is a commonly utilized inflation indicator, the UK also uses a newer method of calculating inflation, the Consumer Price Index. The CPI, along with the CPIH (Consumer Price Index including owner occupiers' housing costs) are usually preferred by the UK government, but the RPI is still used in certain instances. Increases in rail fares for example, are calculated using the RPI, while increases in pension payments are calculated using CPI, when this is used as the uprating factor. The use of one inflation measure over the other can therefore have a significant impact on people’s lives in the UK. High inflation eases in 2024 Like the Retail Price Index, the Consumer Price Index inflation rate also reached a recent peak in October 2022. In that month, prices were rising by 11.1 percent and did not fall below double figures until April 2023. This fall was largely due to slower price increases in key sectors such as energy, which drove a significant amount of the 2022 wave of inflation. Inflation nevertheless remains elevated, fueled not only by high food inflation, but also by underlying core inflation. As of February 2025, the overall CPI inflation rate was 2.8 percent, although an uptick in inflation is expected later in the year, with a rate of 3.7 percent forecast for the third quarter of the year.

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