What is the UK retail price index?

The Retail Price Index (RPI) is a price index calculated and published by the U.K.’s Office of National Statistics. The RPI is an older measure of inflation and is not considered the official U.K. inflation rate for statistical purposes.

What is the current retail price index UK?

Stats

Last Value 301.90
Latest Period May 2021
Last Updated Jun 16 2021, 04:33 EDT
Next Release Jul 14 2021, 04:30 EDT
Average Growth Rate 3.23%

What is the RPI for April 2021?

The UK’s main inflation measure in April 2021 was 1.5%. … RPI inflation was 2.9% in April 2021 (Index: 301.1), up from 1.5% in the year to March 2021.

What is the retail price index now?

United Kingdom Prices Last Previous
Retail Price Index 3.30 2.90
Core Producer Prices 113.20 112.80
CPI Housing Utilities 107.74 107.60
CPI Transportation 117.59 117.20

What is the current RPI rate in the UK 2020?

The forecasted inflation rate for this index is estimated to increase further in upcoming years, to three percent by 2025.

Forecasted inflation rate of the Retail Price Index in the United Kingdom from 2021 to 2025.

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Characteristic Outturn Forecast
2020 1.5%
2019 2.6%
2018 3.3%
2017 3.6%

What is the UK CPI rate for 2020?

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 0.7% in September 2020, up from 0.5% in August 2020. The Consumer Prices Index (CPI) 12-month inflation rate was 0.5% in September 2020, up from 0.2% in August.

What is the RPI rate for December 2020?

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On 20 January 2021 the inflation figures for December 2020 were announced by the Office for National Statistics. The rise in the Retail Prices Index (RPI) was 1.2% (up from 0.9% in November 2020); and the rise in the Consumer Prices Index (CPI) was 0.6% (up from 0.3% in November 2020).

What is the inflation rate in UK 2021?

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 2.4% in the 12 months to June 2021, up from 2.1% to May. Inflation rates at this time are influenced by the effects of the first coronavirus (COVID-19) lockdown in spring 2020.

What is the UK inflation rate?

Britain’s inflation rate has risen to 2.5% – the highest in almost three years – as a combination of supply shortages and rising demand prompted by the easing of coronavirus lockdown restrictions led to higher prices last month.

What is the RPI for March 2020?

The main movements for RPI in March 2020 are: • The all items RPI is 292.6, up from 292.0 in February. 2.7%, up from 2.5% last month. The all goods RPI is 220.2, up from 219.9 in February. The all goods RPI annual rate is 1.3%, down from 1.4% last month.

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What is the current CPI rate for 2020?

The all items CPI-U rose 1.4 percent in 2020. This was smaller than the 2019 increase of 2.3 percent and the smallest December-to-December increase since the 0.7-percent rise in 2015. The index rose at a 1.7- percent average annual rate over the last 10 years.

Should I use RPI or CPI?

RPI generally runs at about 1% higher than CPI and is currently 2.8%, compared to a CPI of 1.9%. … Peers accused the government of “inflation shopping,” using the lower CPI measure to calculate many payouts to the public such as benefits, but using the higher RPI measure to calculate what the public have to pay.

What is the RPI rate for November 2020?

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 0.6% in November 2020, down from 0.9% in October 2020.

What was the RPI for November 2020?

The UK’s main inflation measure in November 2020 was 0.3%. … RPI inflation was 0.9% in November (Index: 293.5), down from 1.3% in the year to October.

What was RPI in July 2020?

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 1.1% in July 2020, up from 0.8% in June 2020.

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