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CPI RPI Inflation in UK | Economics Blog

CPI RPI Inflation in UK

February 28th, 2008 | inflation -


Despite predicted slowdown in UK economic growth, UK inflation in 2008 has slightly increased above the government’s target of 2%.

There is also an increasing gap between CPI inflation and RPI inflation

inflation

source: ONS

RPI inflation includes housing costs and mortgage interest payments. CPI inflation is considerably lower. This affects people who have index linked benefits. It means there actual living costs may be going up by more than the index linked benefits.

Inflationary pressures are currently coming from:

  • Road fuels, petrol diesal
  • Wheat
  • Commodities

UK inflation is currently lower than the EU average of 3.3%

More on Inflation 

 

6 comments ↓

#1 Bank of England Inflation Target | Economics Blog on 03.29.08 at 12:26 pm

[...] 1997, the UK has enjoyed a period of unbroken economic growth and low inflation. It appears that the UK has been able to avoid the ‘boom and bust‘ economic cycles that [...]

#2 The Real Rate of Inflation — Economics Blog on 04.22.08 at 12:07 pm

[...] CPI and RPI inflation in the UK [...]

#3 Manuli on 09.05.08 at 3:46 pm

Does anyone know where I can get the latest RPI for August 2008?

#4 Manuli Packaging on 09.05.08 at 3:47 pm

I’ve tried google but i’m finding it difficult to find the latest by month

#5 Historical Real Interest Rate | Economics Blog on 04.02.09 at 10:11 am

[...] CPI inflation is currently 3.2% CPI Inflation [...]

#6 Don Sabatini on 04.27.09 at 2:25 pm

Nice article, very informative.

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