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Release: Consumer Price Indices, February 2012

Released: 20 March 2012 Next edition: 17 April 2012

Contact

Philip Gooding

Prices

cpi@ons.gsi.gov.uk

Telephone: +44 (0)1633 456900

Categories: Economy, Prices, Output and Productivity, Price Indices and Inflation, Consumer Price Indices, Consumer Prices Index, Retail Prices Index

Frequency of release: Monthly

Language: English

Geographical coverage: UK

Geographical breakdown: Country

  • CPI annual inflation stands at 3.4 per cent in February 2012, down from 3.6 per cent in January.

    The largest downward pressures came from domestic electricity and gas, recreation & culture and transport. Partially offsetting these were upward pressures from alcohol off sales and vegetables. The CPI stands at 121.8 in February 2012 based on 2005=100.

  • RPI annual inflation stands at 3.7 per cent in February 2012, down from 3.9 per cent in January.

    The largest downward pressures came from motoring expenditure and fuel & light. Partially offsetting these was an upward pressure from alcoholic drink. The RPI stands at 239.9 in February 2012 based on January 1987=100.

Other useful information:

Detailed CPI and RPI Reference Tables (1.33 Mb Excel sheet) : This spreadsheet pulls together the numerous tables that were previously published in the old style Consumer Price Indices Statistical Bulletin and Focus on Consumer Prices publication. A correlation index is included to show the old and new naming conventions and where the tables were previously published for example: RPI All items 1947-2011 or RP02 & Table 4.1 in Focus is now the new Table 20.

Time series data: Downloadable data sets for CPI and RPI (including equivalent datas sets equivalent to RP01, RP02, RP04, RP05, RP07 & RP50).

Personal Inflation Calculator (PIC): This interactive application allows you to enter your own spending patterns to generate a personal inflation figure. (Note - requires an SVG-enabled web browser, such as Firefox, Safari or Chrome.) Further information on the PIC, including how the calculator works and how to calculate your personal inflation rate, can be found in the article The Personal Inflation Calculator (476.1 Kb Pdf) in Economic & Labour Market Review.

Further information on the CPI and RPI: Includes details of the methodology used to construct the indices, brief and quick guides to inflation and articles on various aspects of the CPI and RPI.

Consumer Prices Advisory Committee (CPAC) Homepage: This page contains links to CPAC papers covering a range of topical consumer price statistics research including the inclusion of owner occupiers' housing costs into the CPI.

Response to the Public Consultation on the Measurement of car prices within the CPI and RPI: An improved method to measure new car prices in the CPI and RPI has been used in the construction of the February 2012 indices, following a period of public consultation that took place between 3 October 2011 and 23 December 2011.

Article on the Perceptions of Consumer Price Inflation (52.1 Kb Pdf) : This article examines users' perceptions of consumer price inflation. In particular the article considers the German Index of Perceived Inflation (IPI) as an alternative to the use of surveys to measure perceptions of inflation, and considers the extent to which the ONS Personal Inflation Calculator (PIC) addresses users' perceptions. The article presents some conclusions to improve the way in which users form a perception of inflation in the UK.

This release page contains price indices, percentage changes and weights for the Consumer Prices Index (CPI), Retail Prices Index (RPI) and the components that make up these indices. Internationally, the CPI is known as the Harmonised Index of Consumer Prices (HICP).

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.