Inflation rises to 0.3%

Consumer Price Inflation, January 2016: ONS

  • The Consumer Prices Index (CPI) rose by 0.3% in the year to January 2016, compared with a 0.2% rise in the year to December 2015.
  • This is the third consecutive month of small increases, with the rate in January 2016 being the same as it was in January 2015.
  • The main contributors to the rise in the rate were motor fuels, and to a lesser extent food, alcoholic beverages and clothing.
  • Air fare prices partially offset the rise in the rate, falling by more than they did a year ago. This followed a large increase in prices in December 2015.

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