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Release: Consumer Price Inflation, March 2013

Released: 16 April 2013 Next edition: 21 May 2013

Contact

Philip Gooding

Prices, ONS

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

  • The Consumer Prices Index (CPI) grew by 2.8% in March 2013, unchanged from February. Over the last six months, the CPI 12-month rate has been particularly stable, standing at 2.7% for four months followed by 2.8% for February and March 2013.

  • The contributions to change in the CPI rate from the various detailed categories were small compared with most months. The largest upward contribution came from the recreation & culture sector where there were price rises for audio-visual equipment and books, newspapers & stationery.

  • The largest downward contributions came from furniture & furnishings, motor fuels and meat.

  • CPIH, the new measure of consumer price inflation including owner occupiers’ housing costs, grew by 2.6% in the year to March 2013, unchanged from February.

  • The format of the statistical bulletin changed with the publication of February data. Please see the ‘Guide to Data’ section of the bulletin for further information on where to find all ONS consumer price statistics including CPI, CPIH, RPI and RPIJ. If you have any comments on the new format, please email cpi@ons.gsi.gov.uk.

The Consumer Price Indices dataset contains 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).

Consumer Price Inflation Reference Tables, March 2013: (1.22 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 1947-2013.

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’ on the Labour and Market Review web page.

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.

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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