The CPI inflation rate was 3.2% in August 2021, up from 2.0% in July. The RPI inflation rate was 4.8% in August 2021 , up from 3.8% in July.
What is the current RPI UK 2021?
The Retail Price Index (RPI) of the United Kingdom in July 2021 was 228.5 for goods, and 419.5 for services , indicating an increase in the price of goods and services compared with the RPI’s baseline year of 1987.
What is the RPI rate for April 2021?
RPI inflation was 2.9% in April 2021 (Index: 301.1), up from 1.5% in the year to March 2021.
What is predicted RPI for 2020?
| Characteristic Outturn Forecast | 2020 1.5% – | 2019 2.6% – | 2018 3.3% – | 2017 3.6% – |
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What was the RPI for July 2021?
| Release Date Time Previous | Aug 18, 2021 (Jul) 07:00 3.9% | Jul 14, 2021 (Jun) 07:00 3.3% | Jun 16, 2021 (May) 07:00 2.9% | May 19, 2021 (Apr) 07:00 1.5% |
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What is the RPI rate for September 2020?
RPI inflation was 1.1% in September (Index: 294.3), up from 0.5% in the year to August.
Which is higher CPI or RPI?
RPI generally runs at about 1% higher than CPI and is currently 2.8%, compared to a CPI of 1.9%. ... Peers accused the government of “inflation shopping,” using the lower CPI measure to calculate many payouts to the public such as benefits, but using the higher RPI measure to calculate what the public have to pay.
What is the current UK inflation rate 2020?
| Characteristic Outturn Forecast | 2020 0.9% – | 2019 1.8% – | 2018 2.5% – | 2017 2.7% – |
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What is the current CPI rate for 2020?
The all items CPI-U rose 1.4 percent in 2020 . This was smaller than the 2019 increase of 2.3 percent and the smallest December-to-December increase since the 0.7-percent rise in 2015. The index rose at a 1.7- percent average annual rate over the last 10 years.
What does RPI mean?
The Retail Price Index (RPI) is an older measurement of inflation that is still published because it is used to calculate cost of living and wage escalation; however, it is not considered an official inflation rate by the government. ... It was once the principal official measure of inflation.
What was RPI in Feb 2021?
RPI inflation was 1.4% in February 2021 (Index: 296.0), unchanged from the year to January 2021.
What is the RPI for March 2021?
RPI inflation was 1.5% in March 2021 (Index: 296.9), up from 1.4% in the year to February 2021.
What is current rate of RPI?
| Period Value | 2017 3.4 | 2018 3.2 | 2019 3.3 | 2020 2.1 |
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What is the RPI rate for November 2020?
RPI inflation was 0.9% in November (Index: 293.5), down from 1.3% in the year to October.
What is the RPI for June 2020?
The inflation measures for the year to June 2020 are as follows: CPI inflation was 0.6% in June (Index: 108.6), up from 0.5% in the year to May. CPIH inflation was 0.8% in June (Index: 108.8), up from 0.7% in the year to May. RPI inflation was 1.1% in June (Index: 292.7), up from 1.0% in the year to May.
Does RPI include rent?
The RPI includes an element of housing costs , whereas the following items are not included in the CPI: Council tax, mortgage interest payments, house depreciation, buildings insurance, ground rent, solar PV feed in tariffs and other house purchase cost such as estate agents’ and conveyancing fees.
