Labour Research February 2013

News

Retail price inflation edges up

Retail price inflation was up at the end of 2012, the latest figures from the Office for National Statistics show.

The inflation rate under the Retail Prices Index (RPI) — rose to 3.1% in December from 3.0% in November. Under the Consumer Prices Index (CPI) — the measure generally used by the coalition government — inflation was unchanged at 2.7%.