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Consumer Price Inflation Detailed Briefing Note, January 2014 (HTML Version) This product is designated as National Statistics

Released: 27 February 2014 Download PDF

Summary

Consumer Prices Index (CPI)

The CPI is a measure of consumer price inflation produced to international standards and in line with European regulations. First published in 1997 as the Harmonised Index of Consumer Prices (HICP), the CPI is the inflation measure used in the Government’s target for inflation.

The CPI is also used for purposes such as up-rating pensions, wages and benefits and can aid in the understanding of inflation on family budgets. For more information on the uses of the CPI see the article 'Users and uses of consumer price inflation statistics'.

  • The all items CPI is 126.7, down from 127.5 in December.

  • The all items CPI annual rate is 1.9%, down from 2.0% in December.

  • The annual rate for CPI excluding indirect taxes, CPIY, is 2.0%, down from 2.1% last month.

  • The annual rate for CPI at constant tax rates, CPI-CT, is 1.8%, down from 1.9% last month.

  • The CPI all goods index is 121.0, down from 122.2 in December.

  • The CPI all goods index annual rate is 1.4%, down from 1.7% last month.

  • The CPI all services index is 133.8, down from 134.2 in December.

  • The CPI all services index annual rate is 2.4%, unchanged from last month.         

CPIH

CPIH is a measure of UK consumer price inflation that includes owner occupiers’ housing costs (OOH). These are the costs of housing services associated with owning, maintaining and living in one’s own home. OOH does not include costs such as utility bills, minor repairs and maintenance which are already included in the index. CPIH uses an approach called rental equivalence to measure OOH. Rental equivalence uses the rent paid for an equivalent house as a proxy for the costs faced by an owner occupier. In other words this answers the question “how much would I have to pay in rent to live in a home like mine?” for an owner occupier. OOH does not seek to capture increases in house prices. Although, this may be inconsistent with some users’ expectations of measures of OOH, the inclusion of an asset price and therefore capital gains makes the measure less suitable for a measure of consumption. OOH currently accounts for just over 16% of the expenditure weight of CPIH. This has increased notably from a weight of 10% in 2005.

Currently, the method of calculation, the population coverage and the basket of goods and services are the same as the Consumer Prices Index (CPI), with the exception of OOH. The method of deriving the weights for CPIH and the data used for these are also the same as for CPI, with the exception of OOH. This can result in some differences from the CPI.

  • The all items CPIH is 124.7, down from 125.3 in December. 

  • The all items CPIH annual rate is 1.8%, down from 1.9% in December.  

  • The annual rate for CPIH excluding indirect taxes, CPIHY, is 1.8%, down from 2.0% last month.    

  • The OOH component of CPIH is 108.2, up from 108.0 in December.

  • The OOH component annual rate is 0.9%, down from 1.0% in December.

  • The CPIH all goods index is 121.2, down from 122.3 in December.

  • The CPIH all goods index annual rate is 1.5%, down from 1.7% last month.

  • The CPIH all services index is 128.0, down from 128.2 in December.

  • The CPIH all services index annual rate is 2.1%, unchanged from last month.

Retail Prices Index (RPI) and RPIJ

In accordance with the Statistics and Registration Service Act 2007, the Retail Prices Index and its derivatives have been assessed against the Code of Practice for Official Statistics and found not to meet the required standard for designation as National Statistics. The full assessment report can be found on the UK Statistics Authority website.

The RPI is a long-standing measure of UK inflation that has historically been used for a wide range of purposes such as the indexation of pensions, and rents and index-linked gilts. For further information on current and historic uses of the RPI please see the article 'Users and uses of consumer price inflation statistics'.

RPIJ is an improved variant of the Retail Prices Index which is calculated using formulae that meet international standards. The rationale for creating RPIJ was to give users a better alternative to the RPI if their needs were for a measure of inflation based on the same population, classifications, weights etc as the RPI. Currently, RPIJ also acts as an analytical series, in that it allows users to see the impact of using the Jevons (which meets international standards) in place of the Carli formula (which does not meet international standards) in the RPI. The use of the different formulae at the elementary aggregate level is currently the only difference between the two indices. ONS does not produce detailed goods and services indices for RPIJ.

  • The all items RPI is 252.6, down from 253.4 in December.

  • The all items RPI annual rate is 2.8%, up from 2.7% in December.  

  • The all items RPIJ is 235.4, up from 236.2 in December.

  • The all items RPIJ annual rate is 2.1%, up from 2.0% last month.

  • The annual rate for RPIX, the all items RPI excluding mortgage interest payments (MIPs) index, is 2.8%, unchanged from last month.   

  • The all goods RPI is 197.6, down from 199.0 in December. 

  • The all goods RPI annual rate is 2.4%, down from 2.6% last month.

  • The all services RPI is 339.2, down from 339.8 in December.

  • The all services RPI annual rate is 3.1%, up from 3.0% in December.

  • The annual rate for RPIY, the all items RPI excluding MIPs and indirect taxes index, is 2.9%, up from 2.8% last month.

  • The Seasonally Adjusted RPIY (SARPIY) annual rate is 2.9%, unchanged from last month.

  • The Tax and Price Index (TPI) for January is 222.7, down from 223.5 in December.

  • The TPI annual rate is 1.8%, up from 1.7% last month. 

CPI summary

Contributions to change in the CPI annual rate

CPI COICOP DIVISIONS     Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
01: Food and non-alcoholic beverages 106 112 0.1 0.2 0.01
02: Alcoholic beverages and tobacco 44 45 4.3 3.1 -0.05
03: Clothing and footwear 68 72 -5.4 -5.4 -0.03
04: Housing, water, electricity, gas and other fuels 137 129 -0.1 -0.2 -
05: Furniture, household equipment and maintenance 59 60 -2.3 -3.1 -0.05
06: Health 25 24 0.2 0.6 0.01
07: Transport 148 152 -0.6 -0.6 -
08: Communication 31 32 1.0 0.5 -0.01
09: Recreation and culture 141 144 -0.1 -0.5 -0.06
10: Education 21 22 - - -
11: Restaurants and hotels 117 120 - -0.2 -0.02
12: Miscellaneous goods and services 103 88 -0.7 -0.3 0.05

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Large downward effects came from:

  • Recreation & culture, where prices, overall, fell by more between December 2013 and January 2014 than between the same two months a year earlier. The downward contribution mainly came from price movements for recording media (notably DVD films) and recreational and cultural services. In the case of the latter, there was a notable contribution from admissions to cultural events – with decreases to the winter off-peak admission rates at a range of attractions. With the exception of a brief period in 2009-2010, inflation in the recreation & culture sector has been lower than overall consumer inflation over the last 10 years;

  • Furniture, household equipment & routine maintenance, where prices, overall, fell by more between December 2013 and January 2014 than between the same two months a year earlier. The downward contribution came from price movements for a broad range of products across the sector; and

  • Alcoholic beverages & tobacco, where prices, overall, rose by less than a year ago, most notably for whisky where price recoveries following the Christmas period were smaller than a year ago.

A large upward effect came from:

  • Miscellaneous goods & services, where prices, overall, fell by less between December 2013 and January 2014 than between the same two months a year earlier. The upward contribution came mainly from price movements for a range of personal care products (notably toothbrushes and baby wipes) and a range of insurance products.

Gas and electricity prices made very little contribution to the change in the CPI 12-month rate, with price rises and reductions resulting from the Energy Companies Obligation scheme largely cancelling each other out.

CPI notable movements

CPI notable movements

All items CPI Annual rate +1.9%, down from +2.0% last month
  Also +1.9% in November 2009
  Last lower in October 2009 (+1.5%)
All items CPI exc energy, food,  Annual rate +1.6%, down from +1.7% last month
alcohol and tobacco Also +1.6% in June 2009 and May 2009
  Last lower in April 2009 (+1.5%)
Alcoholic beverages and tobacco Annual rate +4.5%, down from +5.8% last month
  Lowest since February 2010 (+4.2%)
Restaurants and hotels Annual rate +2.2%, down from +2.3% last month
  Also +2.2% in January 2010
  Last lower in December 2009 (+1.8%)
All goods Annual rate +1.4%, down from +1.7% last month
  Also +1.4% in September 2012
  Last lower in October 2009 (+0.8%)
All services Annual rate +2.4%, unchanged from last month
  Last higher in November 2013 (+2.6%)
  Last lower in November 2009 (+2.3%)

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CPI detailed briefing

  • Weights are specified as parts per 1000 in the CPI.

01 Food & non-alcoholic beverages

      Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
01 Food & non-alcoholic beverages 106 112 0.1 0.2 0.01

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  • Small upward effect on the all items 12-month rate change.

  • Due to non-alcoholic beverages.

01.1 Food

    Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
01.1 Food 93 99 -0.1 - -
01.1.1 Bread and cereals 16 17 0.1 -2.0 -0.04
01.1.2 Meat 21 22 -0.7 -0.6 -
01.1.3 Fish 4 4 1.2 -0.7 -0.01
01.1.4 Milk, cheese and eggs 13 14 -0.4 - 0.01
01.1.5 Oils and fats 2 2 -2.2 -1.2 -
01.1.6 Fruit 9 10 -2.7 -0.3 0.02
01.1.7 Vegetables including potatoes 14 15 1.6 0.7 -0.01
01.1.8 Sugar, jam, syrups, chocolate and confectionery 11 12 1.4 3.3 0.03
01.1.9 Food products not elsewhere covered 3 3 -0.7 0.5 -

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  • Negligible overall effect on the all items 12-month rate change.

  • There was a large downward effect from bread and cereals; and small downward effects from fish; and, vegetables including potatoes.

  • Offset by small upward contributions from milk, cheese and eggs; fruit; and, sugar, jam, syrups, chocolate and confectionery.

Bread and cereals

  • Large downward effect.

  • Prices overall fell this year but rose a year ago, with the main downward contributions coming from frozen pizzas, cereal bars, packs of individual cakes and breakfast cereals. 

Fish

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, particularly for white fish fillets.

Milk, cheese and eggs

  • Small upward effect.

  • Prices overall were little changed this year but fell a year ago, with the main upward contribution coming from yoghurt/fromage frais.

Fruit

  • Small upward effect. 

  • Due to grapes and bananas. 

Grapes                                   • Small upward effect.
                                                 • Prices overall fell this year by less than a year ago.  
Bananas                                • Small upward effect. 
                                                 • Prices overall rose this year by more than a year ago.                  

Vegetables including potatoes

  • Small downward effect.

  • Due to old white potatoes and multi packs of potato crisps.

Old white potatoes               • Small downward effect. 
                                                 • Prices overall fell this year but rose a year ago.     
Multi pack potato crisps      • Small downward effect.  
                                                 • Prices overall fell this year but rose a year ago. 

Sugar, jam, syrups, chocolate and confectionery 

  • Small upward effect.

  • Prices overall rose this year by more than a year ago, with the main upward contributions coming from chocolate bars, bags of sweets and ice cream.

01.2 Non-alcoholic beverages

    Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
01.2 Non-alcoholic beverages 13 13 1.1 1.8 0.01
01.2.1 Coffee, tea and cocoa 3 3 1.9 4.7 0.01
01.2.2 Mineral waters, soft drinks and juices 10 10 0.9 0.9 -

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  • Small upward effect on the all items 12-month rate change.  

  • Due to coffee, tea and cocoa; where prices overall rose this year by more than a year ago, with the main upward contribution coming from instant coffee.  Partially offset by a small downward contribution from smaller packets of tea bags, where prices rose this year by less than a year ago.

02 Alcoholic beverages and tobacco

    Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
02 Alcoholic beverages and tobacco 44 45 4.3 3.1 -0.05

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  • Large downward effect on the all items 12-month rate change.

  • Due to alcoholic beverages.

02.1 Alcoholic beverages

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
02.1 Alcoholic beverages 20 20 9.3 6.6 -0.05
02.1.1 Spirits 6 6 13.7 6.7 -0.04
02.1.2 Wine 9 9 7.4 6.8 -
02.1.3 Beer 5 5 7.4 6.0 -0.01

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  • Large downward effect on the all items 12-month rate change.  

  • Due to spirits and, to a lesser extent, beer.

Spirits

  • Large downward effect.

  • Prices overall rose this year by less than a year ago, particularly for whisky, and, to a lesser extent, vodka, where price recoveries following the Christmas period were smaller than a year ago.

Beer  

  • Small downward effect.

  • Prices overall rose this year by less than a year ago, particularly for larger cases of canned lager.

02.2 Tobacco

   Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
02.2 Tobacco 24 25 0.1 0.3 -

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  • Negligible overall effect on the all items 12-month rate change.     

03 Clothing and footwear

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
03 Clothing and footwear 68 72 -5.4 -5.4 -0.03

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  • Small downward effect on the all items 12-month rate change.

  • Due to clothing.

03.1 Clothing

  Weight 2013   Weight 2014   1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
03.1 Clothing 59 62 -5.8 -5.8 -0.03
03.1.2 Garments 54 55 -6.0 -5.8 -
03.1.3 Other clothing and clothing accessories 4 6 -4.2 -6.3 -0.02
03.1.4 Cleaning, repair and hire of clothing 1 1 0.3 0.3 -

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  • Small downward effect on the all items 12-month rate change.  

  • Due to other clothing and clothing accessories; where prices overall fell this year by more than a year ago, particularly for lady’s scarves.

03.2 Footwear including repairs

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
03.2 Footwear including repairs 9 10 -3.2 -2.9 -

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  • Negligible overall effect on the all items 12-month rate change.

04 Housing, water, electricity, gas and other fuels

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
04 Housing, water, electricity, gas and other fuels 137 129 -0.1 -0.2 -

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  • Negligible overall effect on the all items 12-month rate change.

  • There was a small downward contribution from electricity, gas and other fuels.

  • Offset by actual rentals for housing; and, regular maintenance and repair of the dwelling.

04.1 Actual rentals for housing

   Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
04.1 Actual rentals for housing 62 70 -0.1 0.1 0.01

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  • Small upward effect on the all items 12-month rate change.

  • Charges overall rose this year but fell a year ago, particularly for Registered Social Landlord (RSL) rents.

04.3 Regular maintenance and repair of the dwelling

   Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
04.3 Regular maintenance and repair of the dwelling 16 2 -0.3 0.1 0.01
04.3.1 Materials for maintenance and repair 9 1 -0.5 0.2 0.01
04.3.2 Services for maintenance and repair 7 1 - 0.1 -

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  • Small upward effect on the all items 12-month rate change.

  • Due to materials for maintenance and repair; where prices overall rose this year but fell a year ago.

04.4 Other services related to the dwelling

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
04.4 Other services related to the dwelling 11 12 - - -
04.4.1 Water supply 6 6 - - -
04.4.3 Sewerage collection 5 6 - - -

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  • Negligible overall effect on the all items 12-month rate change. 

04.5 Electricity, gas and other fuels

   Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
04.5 Electricity, gas and other fuels 48 45 -0.1 -0.6 -0.02
04.5.1 Electricity 19 21 - -0.2 -
04.5.2 Gas 26 21 - -1.0 -0.02
04.5.3 Liquid fuels 2 2 -2.1 -2.5 -
04.5.4 Solid fuels 1 1 0.1 0.6 -

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  • Small downward effect on the all items 12-month rate change.   

  • Due to gas, where average gas bills fell this year but were unchanged a year ago, due to price decreases from the Energy Obligation Scheme, partially offset by price rises.

05 Furniture, household equipment and maintenance

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
05 Furniture, household equipment and maintenance 59 60 -2.3 -3.1 -0.05

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  • Large downward effect on the all items 12-month rate change.

  • Due to furniture, furnishings and carpets; household appliances, fitting and repairs; glassware, tableware and household utensils; and, goods and services for routine maintenance.

05.1 Furniture, furnishings and carpets

     Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
05.1 Furniture, furnishings and carpets 20 21 -4.9 -5.1 -0.01
05.1.1 Furniture and furnishings 16 16 -5.4 -6.5 -0.02
05.1.2 Carpets and other floor coverings 4 5 -2.8 -0.8 0.01

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  • Small downward effect on the all items 12-month rate change.

  • Due to furniture and furnishings.

  • Partially offset by carpets and other floor coverings.

Furniture and Furnishings

  • Small downward effect.

  • Prices overall fell this year by more than a year ago.

Carpets and other floor coverings

  • Small upward effect.

  • Prices overall fell this year by less than a year ago, particularly for tufted carpet.

05.2 Household textiles

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
05.2 Household textiles 8 7 -3.6 -4.6 -

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  • Negligible overall effect on the all items 12-month rate change.  

05.3 Household appliances, fitting and repairs

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
05.3 Household appliances, fitting and repairs 9 9 -1.2 -2.4 -0.01
05.3.1/2 Major appliances and small electric goods 8 8 -1.2 -2.7 -0.01
05.3.3 Repair of household appliances 1 1 -1.5 0.2 -

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  • Small downward effect on the all items 12-month rate change.

  • Due to major appliances and small electric goods; where prices overall fell this year by more than a year ago, particularly for washing machines and fridge freezers.  

05.4 Glassware, tableware and household utensils

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
05.4 Glassware, tableware and household utensils 5 6 0.4 -1.0 -0.01

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  • Small downward effect on the all items 12-month rate change.

  • Prices overall fell this year but rose a year ago.

05.5 Tools and equipment for house and garden

     Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
05.5 Tools and equipment for house and garden 4 4 0.4 -0.1 -

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  • Negligible overall effect on the all items 12-month rate change. 

05.6 Goods and services for routine maintenance

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
05.6 Goods and services for routine maintenance 13 13 -0.1 -1.2 -0.01
05.6.1 Non-durable household goods 5 5 -0.8 -3.0 -0.01
05.6.2 Domestic services and household services 8 8 0.4 -0.1 -

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  • Small downward effect on the all items 12-month rate change.

  • Due to non-durable household goods; where prices overall fell this year by more than a year ago, with the main downward contribution coming from bleach. 

06 Health

     Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
06 Health 25 24 0.2 0.6 0.01

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  • Small upward effect on the all items 12-month rate change.

  • Due to hospital services.

  • Partially offset by medical products, appliances and equipment.

06.1 Medical products, appliances and equipment

    Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
06.1 Medical products, appliances and equipment 10 10 0.3 -0.4 -0.01
06.1.1 Pharmaceutical products 6 6 0.6 -1.0 -0.01
06.1.2/3 Other medical and therapeutic equipment 4 4 -0.2 0.5 -

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  • Small downward effect on the all items 12-month rate change.

  • Due to pharmaceutical products, where prices overall fell this year but rose a year ago, with the main downward contribution coming from multi-vitamins.

06.2 Out-patient services

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
06.2 Out-patient services 6 6 0.1 0.1 -
06.2.1/3 Medical and paramedical services 3 3 0.1 0.2 -
06.2.2 Dental services 3 3 - - -

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  • Negligible overall effect on the all items 12-month rate change.  

06.3 Hospital services

     Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
06.3 Hospital Services 9 8 0.2 2.4 0.02

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  • Small upward effect on the all items 12-month rate change.

  • Due to in-patient private healthcare, where charges rose this year but were unchanged a year ago.

07 Transport

   Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
07 Transport 148 152 -0.6 -0.6 -

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  • Negligible overall effect on the all items 12-month rate change.  

  • There was a small upward contribution from purchase of vehicles.

  • Offset by a small downward contribution from transport services.  

07.1 Purchase of vehicles

   Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
07.1 Purchase of vehicles 38 44 -0.1 0.2 0.01
07.1.1A New cars 21 23 -1.0 0.3 0.03
07.1.1B Second-hand cars 14 18 1.2 0.3 -0.01
07.1.2/3 Motorcycles and bicycles 3 3 0.9 -1.4 -0.01

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  • Small upward effect on the all items 12-month rate change.

  • Due to new cars.

  • Partially offset by second-hand cars; and, motorcycles and bicycles.

New cars

  • Small upward effect.

  • Prices overall rose this year but fell a year ago.

Second-hand cars

  • Small downward effect.

  • Prices overall rose this year by less than a year ago, particularly for 3 year old models.

Motorcycles and bicycles

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, particularly for adult bicycles.

07.2 Operation of personal transport equipment

   Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
07.2 Operation of personal transport equipment 81 76 0.2 0.2 -
07.2.1 Spare parts and accessories 5 5 -0.7 -0.7 -
07.2.2 Fuels and lubricants 40 35 -0.1 -0.5 -0.02
07.2.3 Maintenance and repairs 22 23 0.9 1.7 0.02
07.2.4 Other services 14 13 - -0.1 -

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  • Negligible overall effect on the all items 12-month rate change. 

  • There was a small downward contribution from fuels and lubricants.

  • The average price of petrol across the month, as recorded for the CPI, fell by 0.6 pence per litre between December 2013 and January 2014 to stand at 129.8 pence per litre.

  • Last year, the average price of petrol remained unchanged between December 2012 and January 2013 to stand at 132.3 pence per litre.

  • The average price of diesel fell by 0.6 pence per litre between December 2013 and January 2014 to stand at 137.7 pence per litre, compared with a fall of 0.3 pence a year earlier to stand at 140.0 pence per litre.

  • Offset by a small upward contribution from maintenance and repairs; where prices overall rose this year by more than a year ago, with the main upward contribution coming from exhaust fitting.

07.3 Transport services

    Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
07.3 Transport services 29 32 -3.6 -3.7 -0.02
07.3.1 Passenger transport by railway 9 11 2.7 1.4 -0.01
07.3.2 Passenger transport by road 13 11 0.2 -1.6 -0.02
07.3.3 Passenger transport by air 6 6 -20.5 -18.5 0.01
07.3.4 Passenger transport by sea and inland waterway 1 4 -6.9 -1.0 -

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  • Small downward effect on the all items 12-month rate change.  

  • Due to passenger transport by road; and, passenger transport by railway.

  • Partially offset by passenger transport by air.

Passenger transport by railway

  • Small downward effect.

  • Prices overall rose this year by less than a year ago, with the main downward contribution coming from London transport fares, where prices were unchanged this year but rose a year ago. 

Passenger transport by road

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, with the main downward contributions coming from coach and bus fares.

Passenger transport by air

  • Small upward effect.

  • Average air fares fell this year by less than a year ago, with the main upward contribution coming from long haul flights.

08 Communication

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
08 Communication 31 32 1.0 0.5 -0.01

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  • Small downward effect on the all items 12-month rate change.

  • Due to telephone equipment and services.   

08.1 Postal services

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
08.1 Postal services 2 2 - - -

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  • Negligible overall effect on the all items 12-month rate change.    

08.2/3 Telephone equipment and services

    Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
08.2/3 Telephone equipment and services 29 30 1.0 0.5 -0.01

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  • Small downward effect on the all items 12-month rate change.

  • Prices overall rose this year by less than a year ago, with the main downward contributions coming from telephone charges and mobile telephone applications.  

09 Recreation and culture

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
09 Recreation and culture 141 144 -0.1 -0.5 -0.06

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  • Largest downward effect on the all items 12-month rate change.

  • Due to audio-visual equipment and related products; and, recreational and cultural services. 

  • Partially offset by other recreational items, gardens and pets.

09.1 Audio-visual equipment and related products

    Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
09.1 Audio-visual equipment and related products 23 22 -1.7 -3.2 -0.03
09.1.1 Equipment for the reception and reproduction of sound and pictures 6 5 -1.1 -1.8 -
09.1.2 Photographic, cinematographic and optical equipment 3 3 -9.0 -3.4 0.02
09.1.3 Data processing equipment 7 8 -1.7 0.3 0.02
09.1.4 Recording media 6 5 0.9 -10.7 -0.06
09.1.5 Repair of audio-visual equipment and related products 1 1 0.5 0.2 -

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  • Small downward effect on the all items 12-month rate change.

  • Due to recording media.

  • Partially offset by photographic, cinematographic and optical equipment; and, data processing equipment.

Photographic, cinematographic and optical equipment

  • Small upward effect.

  • Prices overall fell this year by less than a year ago, particularly for digital cameras and camcorders.

Data processing equipment

  • Small upward effect.

  • Prices overall rose this year but fell a year ago, with the main upward contributions coming from PC peripherals and laptop computers.

Recording media

  • Large downward effect.

  • Prices overall fell this year but rose a year ago, particularly for shop and internet bought DVD films and top 40 CD albums.

09.2 Other major durables for recreation and culture

   Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
09.2.1/2 Major durables for in/outdoor recreation 9 9 - 0.1 -

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  • Negligible overall effect on the all items 12-month rate change.

09.3 Other recreational items, gardens and pets

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
09.3 Other recreational items, gardens and pets 32 36 0.6 0.8 0.01
09.3.1 Games, toys and hobbies 19 21 1.6 1.4 -
09.3.2 Equipment for sport and open-air recreation 3 3 -2.7 -1.8 -
09.3.3 Gardens, plants and flowers 4 4 -0.5 0.1 -
09.3.4/5 Pets, related products and services 6 8 -0.1 0.6 0.01

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  • Small upward effect on the all items 12-month rate change.     

  • Due to pets, related products and services; where prices overall rose this year but fell a year ago, particularly for dry dog food.

09.4 Recreational and cultural services

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
09.4 Recreational and cultural services 29 31 -0.1 -1.2 -0.04
09.4.1 Recreational and sporting services 9 9 -1.0 -2.5 -0.02
09.4.2 Cultural services 20 22 0.3 -0.7 -0.02

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  • Large downward effect on the all items 12-month rate change.   

  • Due to cultural services; and, recreational and sporting services. 

Recreational and sporting services 

  • Small downward effect.

  • Prices overall fell this year by more than a year ago, particularly for admission to attractions.

Cultural services

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, particularly for admission to cultural events, with decreases to the winter off-peak admission rates at a range of attractions. 

  • Partially offset by a small upward contribution from nightclub entry, where prices rose this year but fell a year ago. 

09.5 Books, newspapers and stationery

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
09.5 Books, newspapers and stationery 14 14 0.2 0.2 -
09.5.1 Books 4 4 -1.2 -2.7 -0.01
09.5.2 Newspapers and periodicals 5 5 2.0 3.1 0.01
09.5.3/4 Misc. printed matter, stationery, drawing materials 5 5 -0.6 -0.4 -

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  • Negligible overall effect on the all items 12-month rate change.

  • There was a small downward contribution from books, where prices overall fell this year by more than a year ago.

  • Offset by a small upward contribution from newspapers and periodicals; where prices overall rose this year by more than a year ago.

09.6 Package holidays

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
09.6 Package holidays 34 32 0.1 0.1 -

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  • Negligible overall effect on the all items 12-month rate change.

10 Education

    Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
10 Education 21 22 - - -

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  • Negligible overall effect on the all items 12-month rate change.

11 Restaurants and hotels

   Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
11 Restaurants and hotels 117 120 - -0.2 -0.02

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  • Small downward effect on the all items 12-month rate change.  

  • Due to accommodation services.   

  • Partially offset by catering services.  

11.1 Catering services

   Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
11.1 Catering services 98 100 - 0.1 0.01
11.1.1 Restaurants and cafes 88 91 0.1 0.1 -
11.1.2 Canteens 10 9 -0.3 0.3 0.01

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  • Small upward effect on the all items 12-month rate change.

  • Due to canteens, where prices overall rose this year but fell a year ago.

11.2 Accommodation services

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
11.2 Accommodation services 19 20 -0.2 -1.4 -0.03

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  • Small downward effect on the all items 12-month rate change.

  • Prices overall fell this year by more than a year ago, particularly for hotel overnight stays.

12 Miscellaneous goods and services

     Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
12 Misc. goods and services 103 88 -0.7 -0.3 0.05

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  • Largest upward effect on the all items 12-month rate change.

  • Due to personal care; insurance; and, financial services not elsewhere covered.

  • Partially offset by personal effects not elsewhere covered; and, other services not elsewhere covered.

12.1 Personal care

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
12.1 Personal care 28 29 -0.9 0.3 0.03
12.1.1 Hairdressing and personal grooming establishments 7 7 -0.1 - -
12.1.2/3 Appliances and products for personal care 21 22 -1.2 0.4 0.03

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  • Small upward effect on the all items 12-month rate change.

  • Due to appliances and products for personal care; where prices overall rose this year but fell a year ago, with the main upward contributions coming from toothbrushes and baby wipes.  Partially offset by a small downward contribution coming from facial moisturiser.

12.3 Personal effects not elsewhere covered

   Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
12.3 Personal effects not elsewhere covered 13 13 -0.1 -0.4 -0.01
12.3.1 Jewellery, clocks and watches 8 8 0.2 0.7 -
12.3.2 Other personal effects 5 5 -0.5 -2.1 -0.01

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  • Small downward effect on the all items 12-month rate change.

  • Due to other personal effects; where prices overall fell this year by more than a year ago.

12.4 Social protection

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
12.4 Social protection 14 12 0.2 0.2 -

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  • Negligible overall effect on the all items 12-month rate change.              

12.5 Insurance

    Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
12.5 Insurance 8 7 -1.8 1.3 0.02
12.5.2 House contents insurance 2 2 -2.5 0.2 0.01
12.5.3 Health insurance 2 2 0.1 4.4 0.01
12.5.4 Transport insurance 4 3 -2.5 -0.1 0.01

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  • Small upward effect on the all items 12-month rate change.

  • Due to house contents insurance; health insurance; and, transport insurance.

House contents insurance

  • Small upward effect.

  • Average premiums for house contents insurance rose this year but fell a year ago.

Health insurance 

  • Small upward effect.

  • Charges rose this year by more than a year ago, with the main upward contribution coming from private healthcare subscriptions.

Transport insurance

  • Small upward effect.

  • Average premiums for car insurance fell this year by less than a year ago.

12.6 Financial services not elsewhere covered

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
12.6 Financial services not elsewhere covered 30 17 -1.3 -1.9 0.01

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  • Small upward effect on the all items 12-month rate change.

  • The upward contribution is mainly due to weight changes in 2014.  Prices overall fell this year by more than a year ago.  However as the weight has decreased between 2013 and 2014, this has resulted in a small upward effect on the all items 12-month rate change. 

  • Other small upward contributions came from money transfers and mortgage arrangement fees, where charges overall fell this year by less than a year ago.  Partially offset by a small downward contribution from bank overdraft charges. 

12.7 Other services not elsewhere covered

  Weight 2013 Weight 2014 1 month % change Jan-13 1 month % change Jan-14 Contribution to CPI annual rate change
12.7 Other services not elsewhere covered 10 10 0.7 -0.3 -0.01

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  • Small downward effect on the all items 12-month rate change.

  • Charges overall fell this year but rose a year ago, particularly for dating agency fees.  

RPI summary

Contributions to the change in the RPI annual rate

GROUPS      Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
FOOD 114 116 0.3 0.4 0.02
CATERING 47 47 0.1 0.1 -
ALCOHOLIC DRINKS 56 61 2.9 2.2 -0.02
TOBACCO 29 30 0.1 0.3 0.01
HOUSING 237 254 - 0.1 0.05
FUEL AND LIGHT 46 43 -0.1 -0.7 -0.02
HOUSEHOLD GOODS 62 60 -2.7 -3.4 -0.04
HOUSEHOLD SERVICES 67 62 0.2 0.2 -
CLOTHING AND FOOTWEAR 45 43 -4.9 -5.3 -0.02
PERSONAL GOODS AND SERVICES 39 40 -0.5 - 0.02
MOTORING EXPENDITURE 131 122 -0.3 0.1 0.06
FARES AND OTHER TRAVEL COSTS 23 18 -4.5 -3.8 0.04
LEISURE GOODS 33 30 -0.2 -0.6 -0.01
LEISURE SERVICES 71 74 - -0.3 -0.02

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RPI notable movements

RPI notable movements

All items RPI Annual rate +2.8%, up from +2.7% last month
  Highest since September 2013 (+3.2%)
All items RPI exc MIPS (RPIX) Annual rate +2.8%, unchanged from last month
  Last higher in September 2013 (+3.2%)
  Last lower in November 2013 (+2.7%)
All items RPI exc MIPS and indirect Annual rate +2.9%, up from +2.8% last month
taxes (RPIY) Highest since September 2013 (+3.4%)
Leisure services Annual rate +1.7%, down from +2.0% last month
  Also +1.7% in April 2006
  Last lower in March 2006 (+1.3%)
All goods Annual rate +2.4%, down from +2.6% last month
  Also +2.4% in November 2013
  Last lower in October 2013 (+2.3%)
All services Annual rate +3.1%, up from +3.0% last month
  Also +3.1% in November 2013 and October 2013
  Last higher in September 2013 (+3.7%)

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RPI detailed briefing

In accordance with the Statistics and Registration Service Act 2007, the Retail Prices Index and its derivatives have been assessed against the Code of Practice for Official Statistics and found not to meet the required standard for designation as National Statistics. ONS consulted in March 2013 on whether to maintain this detailed RPI briefing and, based on views received, decided to continue with its publication.

  • Weights are specified as parts per 1000 in the RPI.

Food

     Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
FOOD 114 116 0.3 0.4 0.02

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  • Small upward effect on the all items 12-month rate change.

  • Due to non-seasonal food.  

Seasonal food

     Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
SEASONAL FOOD 19 20 0.3 0.3 -
Home killed lamb 1 1 3.3 1.0 -
Fresh fish 2 2 0.5 -1.3 -
Eggs 1 1 -1.9 0.8 -
Unprocessed potatoes 2 2 5.4 1.1 -0.01
Other fresh vegetables 7 7 0.9 0.6 -
Fresh fruit 6 7 -2.6 - 0.02

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  • Negligible overall upward effect on the all items 12-month rate change.    

  • There was a small upward contribution from fresh fruit, where prices overall remained little changed this year but fell a year ago, with the main upward contribution coming from grapes.

  • Offset by a small downward contribution from unprocessed potatoes, where prices overall rose this year by less than a year ago, with the main downward contributions coming from old white potatoes and new potatoes.

Non-seasonal food

     Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
NON-SEASONAL FOOD 95 96 0.3 0.4 0.02
Bread 4 5 0.6 0.3 -
Cereals 4 4 -1.2 -0.8 -
Biscuits and cakes 7 7 -0.1 -1.9 -0.01
Beef 4 4 -1.3 -0.3 -
Imported lamb 1 1 -2.5 0.8 -
Pork 1 1 1.0 -1.2 -
Bacon 2 2 0.7 -3.1 -0.01
Poultry 4 4 0.6 -1.0 -0.01
Other meat 7 7 -0.7 0.1 0.01
Processed fish 2 2 0.6 2.1 -
Butter 1 1 0.8 -0.1 -
Oils and fats 2 2 -4.0 -1.0 0.01
Cheese 4 3 0.7 1.7 -
Milk, fresh 4 4 0.2 0.6 -
Milk products 4 4 -1.4 -1.7 -
Tea 1 1 3.2 3.2 -
Soft drinks 11 12 1.0 1.3 0.01
Sugar and preserves 1 1 0.3 0.1 -
Sweets and chocolates 11 13 1.1 3.0 0.03
Potato products 3 3 2.2 0.1 -0.01
Processed vegetables 2 2 -1.0 0.5 -
Processed fruit 2 1 0.5 -0.5 -
Other foods 11 11 1.2 0.3 -0.01
Coffee and other hot drinks 2 1 0.4 5.9 -

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  • Small upward effect on the all items 12-month rate change.

  • Due to:  

  • Sweets and chocolates and soft drinks, where prices overall rose this year by more than a year ago, with the main upward contributions coming from chocolate bars, cartons/boxes of chocolates, bags of sweets, fruit squash and packs of bottled fruit drinks.  Partially offset by a small downward contribution from bottled cola flavoured drink;

  • Other meat, where prices overall rose this year but fell a year ago, particularly for individual meat pies and oven ready joints of meat; and

  • Oils and fats, where prices overall fell this year by less than a year ago.

  • Partially offset by:

  • Biscuits and cakes, where prices overall fell this year by more than a year ago, with the main downward contributions coming from individual fruit pies and packs of individual cakes;

  • Bacon and poultry, where prices overall fell this year but rose a year ago, with the main downward contribution coming from back bacon: and

  • Potato products and other foods, where prices overall rose this year by less than a year ago, with the main downward contributions coming from frozen pizza and multi packs of potato crisps.  Partially offset by a small upward contribution from cook-in sauce.

Catering

     Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
CATERING 47 47 0.1 0.1 -
Restaurant meals 27 27 0.1 - -
Canteen meals 3 4 -0.4 0.3 -
Take-away meals and snacks 17 16 0.2 0.1 -

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  • Negligible overall effect on the all items 12-month rate change.   

Alcoholic drinks

    Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
ALCOHOLIC DRINKS 56 61 2.9 2.2 -0.02
Beer on sales 21 21 0.1 - -
Beer off sales 5 5 5.8 4.8 -0.01
Wines and spirits on sales 16 20 - 0.1 -
Wines and spirits off sales 14 15 9.9 7.6 -0.02

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  • Small downward effect on the all items 12-month rate change. 

  • Due to wines and spirits off sales and beer off sales, where prices overall rose this year by less than a year ago, particularly for whisky, vodka and New World red wine.  Partially offset by a small upward contribution from European red wine, where prices rose this year by more than a year ago. 

Tobacco

   Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
TOBACCO 29 30 0.1 0.3 0.01
Cigarettes 25 26 0.1 0.2 -
Other tobacco products 4 4 0.2 0.4 -

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  • Small upward effect on the all items 12-month rate change. 

  • Prices overall rose this year by more than a year ago.      

Housing

  Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
HOUSING 237 254 - 0.1 0.05
Rent 75 86 -0.1 0.1 0.02
Mortgage interest payments 29 29 - -0.3 -0.01
Council tax and rates 41 43 - - -
Water and other charges 13 14 - - -
Repairs and maintenance charges 9 10 -0.1 0.1 -
DIY materials 8 7 -0.3 0.1 -
Dwelling insurance and ground rent 6 7 -2.1 0.1 0.01
House depreciation 56 58 0.3 0.7 0.02

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  • Large upward effect on the all items 12-month rate change.

  • Due to:

  • Rent and dwelling insurance and ground rent, where average charges rose this year but fell a year ago, with the main upward contributions coming from Registered Social Landlord (RSL) rents, private rented unfurnished property and premiums for dwelling insurance.  Partially offset by a small downward contribution from private rented furnished property, where charges were little changed this year but rose a year ago; and

  • House depreciation, with the smoothed house price index used to calculate this component rising this year by more than a year ago.

  • Partially offset by a small downward contribution from mortgage interest payments, where average charges fell this year but were little changed a year ago.

Fuel and light

    Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
FUEL AND LIGHT 46 43 -0.1 -0.7 -0.02
Coal and solid fuels 1 1 0.1 0.6 -
Electricity 21 20 - -0.2 -
Gas 21 19 - -1.1 -0.02
Oil and other fuels 3 3 -1.9 -1.1 -

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  • Small downward effect on the all items 12-month rate change.

  • Due to gas, where average charges fell this year but were unchanged a year ago, with price decreases from the Energy Obligation Scheme, partially offset by price rises.

Household goods

  Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
HOUSEHOLD GOODS 62 60 -2.7 -3.4 -0.04
Furniture 22 21 -5.9 -6.9 -0.02
Furnishings 9 9 -3.2 -2.0 0.01
Electrical appliances 6 6 0.1 -2.4 -0.02
Other household equipment 4 4 0.3 -2.0 -0.01
Household consumables 13 12 -0.5 -1.6 -0.01
Pet care 8 8 - 0.7 0.01

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  • Largest downward effect on the all items 12-month rate change.

  • Due to:

  • Furniture and household consumables, where prices overall fell this year by more than a year ago, with the main downward contributions coming from book cases and bleach. Partially offset by a small upward contribution from self assembly kitchen units; and  

  • Electrical appliances and other household equipment, where prices overall fell this year but rose a year ago.

  • Partially offset by:

  • Furnishings, where prices overall fell this year by less than a year ago, particularly for tufted carpet; and 

  • Pet care, where prices overall rose this year but were little changed a year ago, with the main upward contribution coming from complete dry dog food.

Household services

   Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
HOUSEHOLD SERVICES 67 62 0.2 0.2 -
Domestic services 13 13 0.3 0.1 -
Fees and subscriptions 29 24 -0.6 -0.2 0.01
Postage 1 1 - - -
Telephone charges 24 24 1.1 0.6 -0.01

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  • Negligible overall effect on the all items 12-month rate change.

  • There was a small upward contribution from fees and subscriptions, where charges overall fell this year by less than a year ago, with the main upward contribution coming from house contents insurance.

  • Offset by a small downward contribution from telephone charges, where average charges rose this year by less than a year ago, with the main downward contributions coming from telephone charges and mobile phone applications.

Clothing and footwear

  Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
CLOTHING AND FOOTWEAR 45 43 -4.9 -5.3 -0.02
Men’s outerwear 9 9 -6.0 -3.6 0.02
Women’s outerwear 16 16 -7.1 -8.2 -0.03
Children’s outerwear 5 5 -3.2 -3.4 -
Other clothing 6 5 -2.1 -3.2 -
Footwear 9 8 -2.3 -2.9 -

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  • Small downward effect on the all items 12-month rate change.

  • Due to women’s outerwear, where prices overall fell this year by more than a year ago, with the main downward contributions coming from women’s t-shirts, long sleeved tops, trousers and dresses.

  • Partially offset by men’s outerwear, where prices overall fell this year by less than a year ago, particularly for men’s jumpers and casual trousers.

Personal goods & services

     Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
PERSONAL GOODS & SERVICES 39 40 -0.5 - 0.02
Personal articles 10 10 -0.5 -0.8 -
Chemists' goods 15 15 -1.1 - 0.02
Personal services 14 15 0.1 0.7 0.01

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  • Small upward effect on the all items 12-month rate change.

  • Due to:

  • Chemists’ goods, where prices were little changed this year but fell a year ago, with upward contributions coming from toothbrushes and baby wipes; and

  • Personal services, where charges overall rose this year by more than a year ago, with the main upward contribution coming from private healthcare subscriptions. 

Motoring expenditure

    Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
MOTORING EXPENDITURE 131 122 -0.3 0.1 0.06
Purchase of motor vehicles 39 34 0.2 0.3 -
Maintenance of motor vehicles 20 19 0.7 1.2 0.01
Petrol and oil 47 45 -0.5 -0.2 0.01
Vehicle tax and insurance 25 24 -1.8 -0.2 0.04

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  • Largest upward effect on the all items 12-month rate change.

  • Due to:

  • Vehicle tax and insurance, where average premiums for car insurance fell this year by less than a year ago;

  • Maintenance of motor vehicles, where prices overall rose this year by more than a year ago, particularly for exhaust fitting; and

  • Petrol and oil, where prices fell this year by less than a year ago.  The price of petrol, as recorded for the RPI, fell by 0.4 pence per litre between December 2013 and January 2014, to stand at 130.4 pence per litre, compared with a fall of 0.6 pence per litre last year to stand at 132.0 pence per litre. Diesel prices fell by 0.3 pence per litre, to stand at 138.3 pence per litre in January 2014, compared with a fall of 1.1 pence per litre last year to stand at 139.7 pence per litre. 

Fares and other travel costs

    Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
FARES AND OTHER TRAVEL COSTS 23 18 -4.5 -3.8 0.04
Rail fares 6 6 3.0 1.5 -0.01
Bus and coach fares 4 4 0.2 -2.8 -0.01
Other travel costs 13 8 -8.9 -7.9 0.06

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  • Large upward effect on the all items 12-month rate change.

  • Due to other travel costs, where average charges fell this year by less than a year ago, particularly for air fares with the main upward contribution coming from long haul flights.

  • Partially offset by:

  • Rail fares, where average prices rose this year by less than a year ago; and

  • Bus and coach fares, where average prices fell this year but rose a year ago, with the main downward contribution coming from coach fares.

Leisure goods

     Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
LEISURE GOODS 33 30 -0.2 -0.6 -0.01
Audio-visual equipment 7 6 -1.2 -1.2 0.01
CDs and tapes 3 3 1.7 -10.1 -0.04
Toys, photographic and sports goods 10 9 -0.5 0.6 0.01
Books and newspapers 8 7 0.9 1.6 -
Gardening products 5 5 -0.8 -0.4 -

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  • Small downward effect on the all items 12-month rate change.

  • Due to CDs and tapes, where prices fell this year but rose a year ago, particularly for both shop and internet bought DVD films.

  • Partially offset by:

  • Audio-visual equipment, due mainly to weight changes in 2014.  Prices overall were little changed this year compared to a year ago.  However as the weight has decreased between 2013 and 2014, this resulted in a small upward effect on the all items 12-month rate change; and

  • Toys, photographic and sports goods, where prices overall rose this year but fell a year ago.

Leisure services

     Weight 2012 Weight 2013 1 month % change Jan-13 1 month % change Jan-14 Contribution to RPI annual rate change
LEISURE SERVICES 71 74 - -0.3 -0.02
TV licence and rentals 12 13 -0.1 0.1 -
Entertainment and other recreation 17 15 - -1.6 -0.02
Foreign holidays 33 35 0.1 0.2 0.01
UK holidays 9 11 0.1 -0.5 -0.01

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  • Small downward effect on the all items 12-month rate change.

  • Due to: 

  • Entertainment and other recreation, where average charges fell this year but were little changed a year ago, with the main downward contributions coming from admission to attractions and cultural events, with decreases to the winter off-peak admission rates; and

  • UK holidays, where prices overall fell this year but rose a year ago.

  • Partially offset by foreign holidays, where prices overall rose this year by more than a year ago. 

Reconciliation of CPI and RPI

(Table 5 of the Consumer Price Inflation Reference Tables) (1.3 Mb Excel sheet)

This table identifies the main factors contributing to the differences between the unrounded inflation rates for the CPI and the RPI. These differences are broken down into: mortgage interest payments, other housing components excluded from the CPI, other differences in the coverage of goods and services, and the formula effect. The final column titled ‘other differences including weights’ is derived as a residual.

The difference between the CPI and RPI unrounded annual rates in January 2014 was -0.85 percentage points, widening from -0.65 percentage points in December 2013.

The main factors contributing to the widening were:

  • Other differences including weights, which increased the RPI 12-month rate relative to the CPI 12-month rate by 0.19 percentage points between December 2013 and January 2014. The effect came mainly from insurance, air fares and, fuel and lubricants; and

  • Other housing components, which increased the RPI 12-month rate relative to the CPI 12-month rate by 0.03 percentage points between December 2013 and January 2014. The effect came mainly from house depreciation which is not included in the CPI.

Partially offsetting these widening effects was:

  • Other differences in coverage, which increased the CPI 12-month rate relative to the RPI 12-month rate by 0.02 percentage points between December 2013 and January 2014. The effect came from in-patient private health care.

RPI miscellaneous data

Selected average prices

Description                                November 2013 December 2013 January 2014
Petrol per litre Diesel £1.37 £1.39 £1.38
Petrol £1.30 £1.31 £1.30
Alcohol pub prices Draught bitter (pint) £2.89 £2.89 £2.89
Draught lager (pint) £3.31 £3.32 £3.32
Whisky (per nip) £2.48 £2.49 £2.50
Cigarettes Per 20 king size £8.03 £8.04 £8.06

Table notes:

  1. Average prices are as recorded for the RPI.

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Changes in Mortgage Interest Rates

This table gives an estimate of the contribution that changes in the average mortgage interest rate (MI) make to the 1-month percentage change in the RPI.

Changes in mortgage interest rates

Month     1-month % change in the RPI Approx. change in average MI rate Approx. contribution to the 1-month % change  in the RPI
January 2013 -0.4 Down -0.01% points -0.01% points
February 2013 +0.7 Down -0.02% points -0.02% points
March 2013 +0.4 Negligible -
April 2013 +0.3 Negligible -
May 2013 +0.2 Negligible -
June 2013 -0.1 Down -0.02% points -0.02% points
July 2013 +0.0 Negligible -
August 2013 +0.5 Negligible -
September 2013 +0.4 Negligible -
October 2013 +0.0 Down -0.02% points -0.02% points
November 2013 +0.1 Down -0.02% points -0.02% points
December 2013 +0.5 Negligible -
January 2014 -0.3 Down -0.02% points -0.02% points

Table notes:

  1. A one percentage point change in the average mortgage interest rate contributes approx 0.9 percentage points to the 1-month percentage change in the RPI.

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Outlook

The outlook is a summary of seasonal trends, selected news cuttings and other sources of information. It gives some indication of expected changes to the annual rate of the CPI and RPI in the next few months.

FOOD

Seasonal food
  • Seasonal food prices are variable in February and can be affected by weather conditions both in the UK and the continent.

Food

Seasonal food

Monthly % change for CPI seasonal food index  
Year December January February
2007/08 0.2 -0.5 -0.7
2008/09 0.4 -0.5 1.8
2009/10 1.7 -0.2 1.8
2010/11 2.8 -1.1 0.6
2011/12 3.3 -1.6 1.2
2012/13 2.9 0.1 1.6
2013/14 0.8 0.1  

Table notes:

  1. Seasonal food prices in the RPI tend to show a similar movement.

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CLOTHING AND FOOTWEAR

  • Prices for clothing and footwear tend to rise in February.  

Clothing and footwear

Monthly % change for CPI clothing and footwear index
Year December January February
2007/08 -0.8 -5.1 0.1
2008/09 -4.2 -4.7 0.8
2009/10 -1.3 -5.7 2.0
2010/11 -1.9 -5.9 3.6
2011/12 -2.8 -4.9 2.9
2012/13 -1.5 -5.4 2.0
2013/14 -0.9 -5.4

Table notes:

  1. The clothing and footwear group in the RPI exhibits a similar seasonal pattern.

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ELECTRICITY, GAS AND OTHER FUELS

  • E.ON has announced an average dual fuel price increase of 3.7%, effective from 18 January 2014. Electricity only prices will increase on average by 3.7% and gas only prices by 4.6%. (pressreleases.eon-uk.com 6 December 2013)

  • Following the Government’s announcement of proposals to reduce the impact of the energy company price rises (2 December 2013), the major energy suppliers have announced their intentions to pass the savings on to customers:

  • E.ON incorporated the savings into their announced increases. (pressreleases.eon_uk.com 6 December 2013)

  • Scottish Power will decrease standard domestic gas and electricity prices from 31 January 2014. The effect of this for a typical dual fuel customer is that prices will decrease by an average of 3.3%. (scottishpower.com/news 6 January 2014)

  • SSE has confirmed it is to cut its prices from 24 March, following changes to the green levies on bills.  It said it would reduce prices by an average of 3.5% for those on dual fuel agreements. (bbc.co.uk 7 January 2014)

  • SSE plans to reduce its household energy prices before the end of its financial year.  The overall impact of the proposed changes, including the rebate which is expected to apply in autumn 2014, should lead to a typical dual fuel customer benefiting by around 4%.(sse.com 2 December 2013)

  • Npower has announced an average reduction in energy prices of 2.6% from 28 February 2014 for domestic customers who received an increase in December 2013. (bbc.co.uk 8 January 2014)   

FURNITURE, HOUSEHOLD EQUIPMENT AND MAINTENANCE

  • Prices tend to rise in February as they recover from New Year sales.

Furniture, household equipment and maintenance

Monthly % change for CPI furniture, household equipment and maintenance index
Year December January February
2007/08 2.5 -4.1 1.4
2008/09 0.3 -2.8 2.4
2009/10 2.2 -3.1 1.1
2010/11 1.2 -1.9 1.4
2011/12 1.0 -2.2 1.5
2012/13 1.3 -2.3 1.5
2013/14 1.7 -3.1

Table notes:

  1. The household goods group in the RPI exhibits a similar seasonal pattern.

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TRANSPORT

Fuels and Lubricants

  • Brent crude held steady below $109 a barrel on Friday, on track for a modest weekly decline, as supply disruptions in Libya and Angola balanced downbeat U.S. economic data. (uk.reuters.com 14 February 2014)

  • When considering the price of petrol between January and February 2014, it may be useful to note that the average price of petrol rose by 4.0 pence per litre between January and February 2013, to stand at 136.3 pence per litre as measured in the CPI.

  • A 1 pence change on average in the cost of a litre of motor fuel contributes approximately 0.03 percentage points to the 1-month change in the CPI.

Passenger transport by Air

  • Air fares have shown variable movement in February. 

Passenger transport by air

Monthly % change for CPI air fares index
Year December January February
2007/08 26.6 -19.4 5.6
2008/09 36.2 -27.3 -2.1
2009/10 41.7 -28.4 1.7
2010/11 41.8 -30.9 2.1
2011/12 40.9 -28.4 -1.6
2012/13 21.9 -20.5 9.2
2013/14 19.8 -18.5

Table notes:

  1. The air fares index used in the RPI is the same as that used in the CPI, and is included in the other travel costs section.

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HOUSING (RPI)

Mortgage interest payments (MIPs)

  • The Bank of England Bank Rate remained unchanged at 0.5% on Thursday 6 February 2014.

  • The change in average mortgage interest rates recorded in the RPI was -0.02% between January and February 2013. The Bank of England Bank Rate remained unchanged at 0.5% in January 2013.

  • A one percentage point change in the average mortgage interest rate contributes approximately 0.9 percentage points to the 1-month percentage change in the RPI.

Contacts

Media contact:

Tel: Luke Croydon  +44 (0) 845 6041858

Out of hours media line +44 (0) 7867 906553

Email: media.relations@ons.gsi.gov.uk

Statistical contact:

Tel: Richard Campbell +44 (0) 1633 651536

Email: richard.campbell@ons.gsi.gov.uk

Website: www.ons.gov.uk

Email: cpi@ons.gsi.gov.uk

CPI/RPI recorded message (available after 9.45 am on release day):

Tel: +44 (0) 800 0113703

CPI/RPI Enquiries:

Tel: +44 (0) 1633 456900

Background notes

  1. Details of the policy governing the release of new data are available by visiting www.statisticsauthority.gov.uk/assessment/code-of-practice/index.html or from the Media Relations Office email: media.relations@ons.gsi.gov.uk

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

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