The Consumer Price Index (CPI) accelerated to 2.9 per cent in May — up from the 2.7 per cent rise in April. This was above the consensus view of 2.7 per cent and is already outpacing the Bank of England’s May forecast which suggested that inflation would peak at 2.8 per cent in Q4 2017. The Consumer Prices Index including owner occupiers’ housing costs (CPIH, not a National Statistic) rose 2.7 per cent in May 2017 compared with the same month a year ago, and up from the 2.6 per cent rise in April. This is the sharpest rise since April 2012.
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 - June 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|