Labour Research February 2020


RPI inflation steadies

Retail price inflation steadied at the end of 2019. In December, the annual rate of inflation under the Retail Prices Index (RPI) was 2.2% — the same increase as for November.

Inflation under the Consumer Prices Index Housing (CPIH), which includes housing costs, was cut to 1.4% from 1.5%, while the Consumer Prices Index (CPI) was down to 1.3% from 1.5%, according to the Office for National Statistics.