The Consumer Prices Index (CPI) grew by 1.0% in the year to November 2014, down from 1.3% in October.
Falls in transport costs (notably for motor fuels, air transport and second-hand cars) and in the prices of recreational and cultural goods were the main contributors to the slowdown in the rate of inflation between October and November.
Food and motor fuel prices, which have historically been upward contributors to the CPI 12-month rate, are currently reducing it by 0.4 percentage points.
The Consumer Prices Index (CPI) grew by 1.7% in the year to February 2014, down from 1.9% in January
The largest contribution to the fall in the rate came from transport (principally motor fuels) with other smaller downward effects from the housing & household services and clothing & footwear sectors.
These were partially offset by upward contributions from furniture & household goods and recreation & culture.
CPIH grew by 1.6% in the year to February 2014, down from 1.8% in January. CPIH is a measure of UK consumer price inflation that includes owner occupiers’ housing costs
RPIJ grew by 2.0%, down from 2.1% in January. RPI is a long-standing measure of UK inflation that has historically been used for a wide rangeof purposes such as the indexation of pensions, rents and index-linked gilts.
The Consumer Prices Index (CPI) grew by 2.0% in the year to December 2013, down from 2.1% in November.
The largest contributions to the fall in the rate came from prices for food & non-alcoholic beverages and recreational goods & services. These were partially offset by an upward contribution from motor fuels.
The overall price increase for gas and electricity in December 2013 was slightly larger than the rises a year earlier resulting in a small upward contribution to inflation.
CPIH (includes owner occupiers’ housing costs) grew by 1.9% in the year to December 2013, unchanged from November.
RPIJ grew by 2.0%, also unchanged from November. RPIJ is an improved variant of the Retail Prices Index which is calculated using formulae that meet international standards