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News
RPI inflation edges up
Retail Prices Index (RPI) inflation has crept up to 1.3%.
It’s ahead of CPIH (including owner-occupier housing costs) at 0.9%, but below pre-lockdown RPI inflation of 2.6% in March.
Clothing, food and furniture, furnishings and carpets made the largest upward contribution.
Seasonal discounting of clothing and footwear followed a different pattern this year, but prices rose in October by more than last year.