Figure 6: Contributions to the difference in the 12-month growth rate, retired households less non-retired households
UK, January 2006 to June 2017
Source: Office for National Statistics
Stacked bars reflect the percentage point contributions of each of the 87 class-level items to the difference in 12-month growth rates. The contribution of each of the 87 class-level items is estimated separately, before being aggregated to 7 distinct categories.
A reduction in the contribution of series to the annual rate of change need not imply falling prices, but could also reflect a lower rate of increase than the previous year.
“Food & Drink” is composed of food, non-alcoholic and alcoholic beverages and tobacco. “Housing exc. OOH” is composed of actual rents and products and services for the repair of dwellings. Owner occupiers’ housing costs (payments) is a separate category. “Elect., gas and fuel” is composed of electricity, gas and other household fuels as well as fuels and lubricants for motor vehicles. “Transport and package holidays” includes passenger transport by road, rail, air and sea, as well as package holidays. “Education” reflects the division-level contribution. The “other” category reflects the combined contributions of the remaining class-level items, bringing the sum of contributions to the inflation rate.