Figure 7: Contributions to the CPI by import intensity of production
Source: Office for National Statistics
This chart groups the 85 class-level components of the CPI into six categories, depending on their estimated import intensity in household consumption. This is calculated using data on imports by households in the Input-Output Tables 2010 converted to a Classification of Individual Consumption According to Purpose (COICOP) basis. Class-level components are therefore grouped according to whether they are supplied to households solely by domestic producers (0% imported category) or the fraction of their consumption by households that was supplied by imports in 2010 (0-10%, 10-20%, 20-30%, 30-40%, 40%+). Energy goods – including gas, electricity, liquid and solid fuels and fuels and lubricants – are grouped together separately. The methodology is consistent with that used in the February 2015 Economic Review.