Prices

retail price index Jan 87=100 % annual increase % increase excl. mortgage payments 2001

January 171.1 2.7 1.8

February 172.0 2.7 1.9

March 172.2 2.3 1.9

April 173.1 1.8 2.0

May 174.2 2.1 2.4

June 174.4 1.9 2.4

July 173.3 1.6 2.2

August 174.0 2.1 2.6

September 174.6 1.7 2.3

October 174.3 1.6 2.3

November 173.6 0.9 1.8

December 173.4 0.7 1.9

2001

January 173.3 1.3 2.6

February 173.8 1.0 2.2

Other pay analysts

Confederation of British Industry (manufacturing) (three months to Jan 2002) 2.3%

Industrial Relations Services (median, three months to end Jan 200s) 2.5%

Incomes Data Services (median, first quarter 2002) 2.5%