UK CPI rose 3.0% y/y

Market news

13 February 2018

UK CPI rose 3.0% y/y

The Consumer Prices Index including owner occupiers' housing costs (CPIH) 12-month inflation rate was 2.7% in January 2018, unchanged from December 2017.

The largest downward contribution to change in the rate came from prices for motor fuels, which rose by less than they did a year ago.

The main upward effect came from prices for a range of recreational and cultural goods and services, in particular, admissions to attractions such as zoos and gardens, for which prices fell by less than they did a year ago.

The Consumer Prices Index (CPI) 12-month rate was 3.0% in January 2018, unchanged from December 2017.

UK producer price inflation rose 2.8% on the year to January

United Kingdom: Producer Price Index - Output (YoY) , January 2.8% (forecast 3%)

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