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News
Slight ease in inflation
The union-preferred Retail Prices Index (RPI) stood at 14.0% (down from 14.2%). The Consumer Prices Index (CPI) rose by 10.7% (down from 11.1%) while CPI with a housing element (CPIH) rose by 9.3% (down from 9.6%).
Upward pressures included housing and household services (electricity and gas, etc) and food and non-alcoholic beverages. The largest downward contribution came from transport, particularly motor fuels.