The Consumer Prices Index (CPI) rose 2.6 per cent in July, year-on-year, unchanged from the previous month. This was below the consensus view with City analysts expecting inflation to rise to 2.7 per cent. The Consumer Prices Index including owner occupiers’ housing costs (CPIH), which was re-designated as a National Statistic on 31 July 2017, was 2.6 per cent in July 2017 compared with the same month a year ago, unchanged from the previous month.Prices in all broad categories were higher in July 2017 than a year ago. Food and Non-Alcoholic Beverages, Furniture and Household Goods, Miscellaneous Goods and Services and Clothing and Footwear showed their highest 12-month rates for a number of years. All provided small upward contributions to the 12-month headline inflation rate.
UK Retail Inflation Report
Retail Economics reports a range of retail inflation indices on a monthly basis. Subscribers have access to all data (analytical reports and interactive data) and category breakdowns including food inflation, non-food inflation, clothing and footwear, household goods, food, DIY and gardening, consumer electricals, commodity prices, exchange rates and more.
UK Retail Inflation - August 2017
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The UK Retail Inflation report includes:
|Summary and economic overview|
|Consumer inflation by category|
|Prices, costs and margins|
|Comparison of inflation benchmarks|
|Producer and Factory Gate inflation|
|Summary of external retail sales sources including Office for National Statistics, British Retail Consortium, commodity prices, commodity benchmarks, exchange rates and more|