Consumer Price Inflation, February 2013

 

Consumer Prices: ONS

  • The Consumer Prices Index (CPI) annual inflation grew by 2.8% in February 2013, up from 2.7% in January. The change in the rate follows four consecutive months when it stood at 2.7%.
  • The largest upward contributions to the change in the rate came from the expected increases in many gas and electricity bills and from price changes for some recreational goods, motor fuels and air transport.
  • The largest downward contributions came from smaller price increases for food and soft drinks than a year ago and price falls for alcohol compared with price rises a year ago.
  • CPIH, the new measure of consumer price inflation including owner occupiers’ housing costs, grew by 2.6% in the year to February 2013, up from 2.5% in January.
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