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News
RPI inflation rate stalls
Inflation as measured by the union-preferred Retail Prices Index (RPI) did not fall in August, unlike the government-preferred Consumer Prices Index (CPI).
RPI inflation remained at 12.3%, while the CPI figure dropped from 10.1% to 9.9%.
In fact, between July and August the RPI index rose from 343.2 to 345.2 points.
The CPIH inflation measure (with a housing element) dropped from 8.8% to 8.6%.