Skip to content

Consumer Price Inflation Detailed Briefing Note, June 2015 This product is designated as National Statistics

Released: 14 July 2015 Download PDF

Summary

Consumer Prices Index (CPI)

The CPI is a measure of consumer price inflation produced to international standards and in line with European regulations. First published in 1997 as the Harmonised Index of Consumer Prices (HICP), the CPI is the inflation measure used in the Government’s target for inflation.

The CPI is also used for purposes such as uprating pensions, wages and benefits and can aid in the understanding of inflation on family budgets. For more information see Users and uses of consumer price inflation statistics (100.5 Kb Pdf) .

The main movements for CPI in June 2015 are:

  • The all items CPI is 128.2, unchanged from last month.

  • The all items CPI annual rate is 0.0%, down from 0.1% in May.

  • The annual rate for CPI excluding indirect taxes, CPIY, is -0.1%, down from 0.0% last month.

  • The annual rate for CPI at constant tax rates, CPI-CT, is 0.0%, down from 0.1% last month.

  • The CPI all goods index is 119.7, down from 119.9 in May.

  • The CPI all goods index annual rate is -2.0%, down from -1.8% last month.

  • The CPI all services index is 139.1, up from 138.7 in May.

  • The CPI all services index annual rate is 2.2%, down from 2.3% last month.

CPIH

The National Statistics status of CPIH and its derivative indices has been discontinued pending work to investigate and improve the method for measuring owner occupiers’ housing costs in these indices. Full details can be found on the UK Statistics Authority website and in an explanatory note (313.9 Kb Pdf)  on this website. The improvements from the resulting development work were introduced in CPIH as part of the February 2015 dataset with the historical series revised back to 2005. Improved methodology for owner occupiers’ housing costs in the CPIHY (CPIH excluding indirect taxation) measure of consumer prices has been implemented as part of this release, again with the historical series revised back to 2005. Further information on the changes is available in the following articles: Improvements to the measurement of Owner Occupiers’ Housing Costs and Private Housing Rental Prices (2.48 Mb Pdf) and Revising the weight of Owner Occupiers’ Housing in CPIH (197.4 Kb Pdf) .

CPIH is a measure of UK consumer price inflation that includes owner occupiers’ housing costs (OOH). These are the costs of housing services associated with owning, maintaining and living in one’s own home. OOH does not include costs such as utility bills, minor repairs and maintenance which are already included in the index. CPIH uses an approach called rental equivalence to measure OOH. Rental equivalence uses the rent paid for an equivalent house as a proxy for the costs faced by an owner occupier. In other words this answers the question “how much would I have to pay in rent to live in a home like mine?” for an owner occupier. OOH does not seek to capture increases in house prices. Although this may be inconsistent with some users’ expectations of measures of OOH, the inclusion of an asset price and therefore capital gains would make the index less suitable for a measure of consumption. OOH currently accounts for 17.8% of the expenditure weight of CPIH. This compares with a weight of 19.5% in 2005.

Currently, the method of calculation, the population coverage and the basket of goods and services are the same as the Consumer Prices Index (CPI), with the exception of OOH. The method of deriving the weights for CPIH and the data used for these are also the same as for CPI, with the exception of OOH. This can result in some differences from the CPI.

The main movements for CPIH in June 2015 are:

  • The all items CPIH is 126.1, up from 126.0 in May.

  • The all items CPIH annual rate is 0.3%, down from 0.4% in May.

  • The annual rate for CPIH excluding indirect taxes, CPIHY, is 0.3%, down from 0.4% last month.

  • The OOH component of CPIH is 116.6, up from 116.4 in May.

  • The OOH component annual rate is 1.9%, up from 1.8% last month.

  • The CPIH all goods index is 119.9, down from 120.0 in May.

  • The CPIH all goods index annual rate is -2.0%, down from -1.8% last month.

  • The CPIH all services index is 131.1, up from 130.8 in May.

  • The CPIH all services index annual rate is 2.1%, down from 2.2% last month.

Retail Prices Index (RPI) and RPIJ

In accordance with the Statistics and Registration Service Act 2007, the Retail Prices Index and its derivatives have been assessed against the Code of Practice for Official Statistics and found not to meet the required standard for designation as National Statistics. The full assessment report can be found on the UK Statistics Authority website.

The RPI is a long-standing measure of UK inflation that has historically been used for a wide range of purposes such as the indexation of pensions, rents and index-linked gilts. For further information see Users and uses of consumer price inflation statistics (100.5 Kb Pdf) .

RPIJ is an improved variant of the Retail Prices Index which is calculated using formulae that meet international standards. The rationale for creating RPIJ was to give users a better alternative to the RPI if their needs were for a measure of inflation based on the same population, classifications, weights, etc. as the RPI. Currently, RPIJ also acts as an analytical series, in that it allows users to see the impact of using the Jevons (which meets international standards) in place of the Carli formula (which does not meet international standards) in the RPI. The use of the different formulae at the elementary aggregate level is currently the only difference between these indices. Detailed goods and services indices for RPIJ are not produced.

The main movements for RPI and RPIJ in June 2015 are:

  • The all items RPI is 258.9, up from 258.5 in May.

  • The all items RPI annual rate is 1.0%, unchanged from last month.

  • The all items RPIJ is 238.7, up from 238.5 in May.

  • The all items RPIJ annual rate is 0.4%, unchanged from last month.

  • The annual rate for RPIX, the all items RPI excluding mortgage interest payments (MIPs) index, is 1.1%, unchanged from last month.

  • The all goods RPI is 199.6, up from 199.3 in May.

  • The all goods RPI annual rate is -0.7%, unchanged from last month.

  • The all services RPI is 350.3, up from 349.7 in May.

  • The all services RPI annual rate is 2.1%, unchanged from last month.

  • The annual rate for RPIY, the all items RPI excluding MIPs and indirect taxes index, is 1.0%, unchanged from last month.

  • The Tax and Price Index (TPI) for June is 225.9, up from 225.5 in May.

  • The TPI annual rate is 0.5%, unchanged from last month.

CPI Summary

Contributions to change in the CPI annual rate

CPI COICOP DIVISIONS Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
01: Food and non-alcoholic beverages 112 110 0.1 -0.2 -0.04
02: Alcoholic beverages and tobacco 45 43 - 0.2 -
03: Clothing and footwear 72 70 0.6 -0.4 -0.07
04: Housing, water, electricity, gas and other fuels 129 128 0.1 - -
05: Furniture, household equipment and maintenance 60 59 0.2 0.3 0.01
06: Health 24 25 0.1 -0.6 -0.02
07: Transport 152 149 0.6 0.2 -0.05
08: Communication 32 31 -0.1 -0.2 -
09: Recreation and culture 144 147 - -0.1 -0.01
10: Education 22 26 - - -
11: Restaurants and hotels 120 121 0.4 0.4 0.01
12: Miscellaneous goods and services 88 91 -0.1 0.2 0.03

Download table

Large downward effects came from:

  • Clothing and footwear, where prices overall fell by 0.4% between May and June this year compared with a rise of 0.6% between the same 2 months a year ago. Prices usually fall between May and June as the summer sales begin but last year the average prices of a number of products rose. The main downward effect came from garments, particularly women’s outerwear;

  • Transport, where prices overall rose by 0.2% between May and June 2015 compared with a larger rise of 0.6% a year earlier. The downward contribution came from transport services (particularly air transport and, to a lesser extent, sea transport) where fares rose this year but by less than a year ago. This was partially offset by a small upward contribution from motor fuels with average petrol prices rising by 1.1 pence per litre between May and June this year compared with a smaller rise of 0.6 pence per litre a year earlier. Diesel prices also rose this year, by 0.5 pence per litre, compared with a fall of 0.4 pence per litre a year ago; and

  • Food and non-alcoholic beverages, where prices overall fell by 0.2% between May and June this year compared with a rise of 0.1% between the same 2 months a year ago. The downward effect came from bread and cereals, and sugar, jam, syrups, chocolate and confectionery.

A small downward effect came from:

  • Health, where prices overall fell by 0.6% between May and June 2015 compared with a rise of 0.1% a year earlier.

A small upward effect came from:

  • Miscellaneous goods and services, where prices overall rose by 0.2% between May and June 2015 compared with a fall of 0.1% between the same 2 months a year ago. The upward effect came principally from financial services.

CPI Notable Movements

CPI notable movements, June 2015

All items CPI Annual rate 0.0%, down from +0.1% last month
Lowest since April 2015 (-0.1%)
   
All items CPI exc energy, food, Annual rate +0.8%, down from +0.9% last month
alcohol and tobacco Also +0.8% in April 2015
Last lower in March 2001 (+0.5%)
   
Clothing and footwear Annual rate -0.8%, down from +0.2% last month
Also -0.8% in June 2012
Last lower in August 2010 (-1.7%)
   
Health Annual rate +1.6%, down from +2.2% last month
Lowest since November 2004 (+1.5%)
   
Miscellaneous goods and services Annual rate +0.1%, up from -0.1% last month
Highest since May 2014 (+0.3%)
   
All goods Annual rate -2.0%, down from -1.8% last month
Also -2.0% in April 2015
Last lower in March 2015 (-2.1%)
   
All services Annual rate +2.2%, down from +2.3% last month
Lowest since April 2015 (+2.0%)

Download table

CPI Detailed Briefing

  • Weights are specified as parts per 1000 in the CPI.

01 Food and non-alcoholic beverages

 
  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
01 Food and non-alcoholic beverages 112 110 0.1 -0.2 -0.04

Download table

  • Large downward effect on the all items 12-month rate change.

  • Due to food.

01.1 Food

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
01.1 Food 99 97 - -0.4 -0.04
01.1.1 Bread and cereals 17 16 1.2 -1.1 -0.04
01.1.2 Meat 22 22 0.1 -0.1 -
01.1.3 Fish 4 4 -1.8 0.1 0.01
01.1.4 Milk, cheese and eggs 14 14 - 0.7 0.01
01.1.5 Oils and fats 2 2 1.2 -4.9 -0.01
01.1.6 Fruit 10 10 -1.8 -1.4 -
01.1.7 Vegetables including potatoes 15 14 0.7 1.0 -
01.1.8 Sugar, jam, syrups, chocolate and confectionery 12 12 - -2.1 -0.03
01.1.9 Food products not elsewhere covered 3 3 -1.6 1.8 0.01

Download table

  • Large downward effect on the all items 12-month rate change.

  • Due to bread and cereals and, to a lesser extent, sugar, jam, syrups, chocolate and confectionery; and oils and fats.

  • Partially offset by milk, cheese and eggs; food products not elsewhere covered; and fish.

Bread and cereals

  • Large downward effect.

  • Prices overall fell this year but rose a year ago, particularly for dried potted snacks, pizzas and cereal bars.

Fish

  • Small upward effect.

  • Prices overall rose this year but fell a year ago, with the main upward contribution coming from canned tuna.

  • Partially offset by a small downward contribution coming from fresh white fillets, where prices fell this year but rose a year ago.

Milk, cheese and eggs

  • Small upward effect.

  • Prices overall rose this year but were little changed a year ago, with the main upward contribution coming from yoghurt/fromage frais.

Oils and fats

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, particularly for margarine/low fat spread.

Sugar, jam, syrups, chocolate and confectionery

  • Small downward effect.

  • Prices overall fell this year but were little changed a year ago, with the main downward contributions coming from bags of sweets and chocolate covered ice cream bars.

  • Partially offset by a small upward contribution coming from cartons/boxes of chocolates, where prices rose this year but fell a year ago.

Food products not elsewhere covered

  • Small upward effect.

  • Prices overall rose this year but fell a year ago, particularly for cook-in sauces and mayonnaise.

01.2 Non-alcoholic beverages

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
01.2 Non-alcoholic beverages 13 13 0.8 1.0 -
01.2.1 Coffee, tea and cocoa 3 3 -1.3 1.2 0.01
01.2.2 Mineral waters, soft drinks and juices 10 10 1.4 0.9 -0.01

Download table

  • Negligible overall effect on the all items 12-month rate change.

  • There is a small upward contribution coming from coffee, tea and cocoa.

  • Offset by a small downward contribution coming from mineral waters, soft drinks and juices.

Coffee, tea and cocoa

  • Small upward effect.

  • Prices overall rose this year but fell a year ago, with the main upward contribution coming from coffee.

Mineral waters, soft drinks and juices

  • Small downward effect.

  • Prices overall rose this year by less than a year ago, with the main downward contributions coming from bottles of cola flavoured drinks and fresh/chilled orange juice.

  • Partially offset by a small upward contribution coming from fruit squash, where prices rose this year by more than a year ago.

02 Alcoholic beverages and tobacco

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
02 Alcoholic beverages and tobacco 45 43 - 0.2 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

  • There is a small upward contribution coming from alcoholic beverages.

02.1 Alcoholic beverages

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
02.1 Alcoholic beverages 20 19 -0.3 0.2 0.01
02.1.1 Spirits 6 5 2.0 -2.6 -0.03
02.1.2 Wine 9 9 -1.4 1.3 0.02
02.1.3 Beer 5 5 -1.1 0.9 0.01

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to wine and beer.

  • Partially offset by spirits.

Spirits

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, particularly for whisky and rum.

Wine

  • Small upward effect.

  • Prices overall rose this year but fell a year ago, with the main upward contributions coming from red and white wine.

  • Partially offset by a small downward contribution coming from cider, where prices overall fell this year but rose a year ago.

Beer

  • Small upward effect.

  • Prices overall rose this year but fell a year ago, particularly for bottled premium lager.

02.2 Tobacco

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
02.2 Tobacco 25 24 0.3 0.2 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

03 Clothing and footwear

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
03 Clothing and footwear 72 70 0.6 -0.4 -0.07

Download table

  • Largest downward effect on the all items 12-month rate change.

  • Due to clothing.

03.1 Clothing

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
03.1 Clothing 62 60 0.6 -0.5 -0.07
03.1.2 Garments 55 54 0.7 -0.4 -0.06
03.1.3 Other clothing and clothing accessories 6 5 -0.6 -1.4 -
03.1.4 Cleaning, repair and hire of clothing 1 1 0.1 0.1 -

Download table

  • Large downward effect on the all items 12-month rate change.

  • Due to garments, where prices overall fell this year but rose a year ago, with the main downward contributions coming from women’s skirts, trousers, jumpers, casual jackets and plain t-shirts; men’s casual jackets/coats and girls’ fashion tops. Partially offset by a small upward contribution coming from women’s dresses, where prices overall have risen this year by more than a year ago.

03.2 Footwear including repairs

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
03.2 Footwear including repairs 10 10 0.4 - -

Download table

  • Negligible overall effect on the all items 12-month rate change.

04 Housing, water, electricity, gas and other fuels

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
04 Housing, water, electricity, gas and other fuels 129 128 0.1 - -

Download table

  • Negligible overall effect on the all items 12-month rate change.

04.1 Actual rentals for housing

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
04.1 Actual rentals for housing 70 72 0.1 0.1 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

04.3 Regular maintenance and repair of the dwelling

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
04.3 Regular maintenance and repair of the dwelling 2 2 0.2 0.1 -
04.3.1 Materials for maintenance and repair 1 1 0.3 0.3 -
04.3.2 Services for maintenance and repair 1 1 0.1 - -

Download table

  • Negligible overall effect on the all items 12-month rate change.

04.4 Other services related to the dwelling

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
04.4 Other services related to the dwelling 12 12 - - -
04.4.1 Water supply 6 6 - - -
04.4.3 Sewerage collection 6 6 - - -

Download table

  • Negligible overall effect on the all items 12-month rate change.

04.5 Electricity, gas and other fuels

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
04.5 Electricity, gas and other fuels 45 42 - -0.1 -
04.5.1 Electricity 21 20 - - -
04.5.2 Gas 21 20 - - -
04.5.3 Liquid fuels 2 1 -0.7 -2.7 -
04.5.4 Solid fuels 1 1 -0.2 -0.4 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

05 Furniture, household equipment and maintenance

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
05 Furniture, household equipment and maintenance 60 59 0.2 0.3 0.01

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to furniture, furnishings and carpets; household appliances, fitting and repairs; and goods and services for routine maintenance.

  • Partially offset by glassware, tableware and household utensils; and household textiles.

05.1 Furniture, furnishings and carpets

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
05.1 Furniture, furnishings and carpets 21 21 1.0 1.6 0.01
05.1.1 Furniture and furnishings 16 15 1.5 2.3 0.01
05.1.2 Carpets and other floor coverings 5 6 -0.8 -0.4 -

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to furniture and furnishings, where prices overall rose this year by more than a year ago.

05.2 Household textiles

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
05.2 Household textiles 7 6 0.1 -0.7 -0.01

Download table

  • Small downward effect on the all items 12-month rate change.

  • Prices overall fell this year but rose a year ago, with the main downward contribution coming from bedding textiles.

  • Partially offset by a small upward contribution coming from ready made curtains, where prices overall rose this year but fell a year ago.

05.3 Household appliances, fitting and repairs

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
05.3 Household appliances, fitting and repairs 9 8 -1.5 -0.9 0.01
05.3.1/2 Major appliances and small electric goods 8 7 -1.7 -1.1 0.01
05.3.3 Repair of household appliances 1 1 - - -

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to major appliances and small electric goods, where prices overall fell this year by less than a year ago.

05.4 Glassware, tableware and household utensils

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
05.4 Glassware, tableware and household utensils 6 6 0.8 -0.8 -0.01

Download table

  • Small downward effect on the all items 12-month rate change.

  • Prices overall fell this year but rose a year ago.

05.5 Tools and equipment for house and garden

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
05.5 Tools and equipment for house and garden 4 5 0.4 -0.1 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

05.6 Goods and services for routine maintenance

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
05.6 Goods and services for routine maintenance 13 13 -0.1 0.3 0.01
05.6.1 Non-durable household goods 5 5 -1.2 - 0.01
05.6.2 Domestic services and household services 8 8 0.6 0.5 -

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to non-durable household goods, where prices overall were little changed this year but fell a year ago.

06 Health

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
06 Health 24 25 0.1 -0.6 -0.02

Download table

  • Small downward effect on the all items 12-month rate change.

  • Due to medical products, appliances and equipment.

06.1 Medical products, appliances and equipment

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
06.1 Medical products, appliances and equipment 10 12 -0.1 -1.3 -0.02
06.1.1 Pharmaceutical products 6 7 -0.1 -2.2 -0.02
06.1.2/3 Other medical and therapeutic equipment 4 5 -0.1 -0.1 -

Download table

  • Small downward effect on the all items 12-month rate change.

  • Prices overall fell this year by more than a year ago, with the main downward contributions coming from pain killer and multi-vitamin tablets/capsules.

06.2 Out-patient services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
06.2 Out-patient services 6 5 0.1 -0.2 -
06.2.1/3 Medical and paramedical services 3 3 0.2 -0.3 -
06.2.2 Dental services 3 2 - - -

Download table

  • Negligible overall effect on the all items 12-month rate change.

06.3 Hospital services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
06.3 Hospital Services 8 8 0.2 0.1 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

07 Transport

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
07 Transport 152 149 0.6 0.2 -0.05

Download table

  • Large downward effect on the all items 12-month rate change.

  • Due to transport services.

  • Partially offset by operation of personal transport equipment.

07.1 Purchase of vehicles

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
07.1 Purchase of vehicles 44 40 -0.3 -0.3 -
07.1.1A New cars 23 24 - - -
07.1.1B Second-hand cars 18 14 -1.1 -0.9 0.01
07.1.2/3 Motorcycles and bicycles 3 2 2.0 0.2 -0.01

Download table

  • Negligible overall effect on the all items 12-month rate change.

  • There is a small upward contribution coming from second-hand cars.

  • Offset by motorcycles and bicycles.

Second-hand cars

  • Small upward effect.

  • Prices overall fell this year by less than a year ago.

Motorcycles and bicycles

  • Small downward effect.

  • Prices overall rose this year by less than a year ago, particularly for adult bicycles.

07.2 Operation of personal transport equipment

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
07.2 Operation of personal transport equipment 76 77 0.2 0.4 0.02
07.2.1 Spare parts and accessories 5 6 -0.2 0.2 -
07.2.2 Fuels and lubricants 35 34 0.2 0.8 0.02
07.2.3 Maintenance and repairs 23 23 0.3 0.1 -0.01
07.2.4 Other services 13 14 - 0.1 -

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to fuels and lubricants.

  • Partially offset by maintenance and repairs.

Fuels and lubricants

  • Small upward effect.

  • The average price of petrol across the month, as recorded for the CPI, rose by 1.1 pence per litre between May and June 2015 to stand at 116.4 pence per litre.

  • Last year, the average price of petrol rose by 0.6 pence per litre between May and June 2014 to stand at 130.0 pence per litre.

  • The average price of diesel rose by 0.5 pence per litre between May and June 2015 to stand at 121.2 pence per litre, compared with a fall of 0.4 pence per litre a year earlier to stand at 135.9 pence per litre.

Maintenance and repairs

  • Small downward effect.

  • Prices overall rose this year by less than a year ago.

07.3 Transport services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
07.3 Transport services 32 32 2.5 0.4 -0.07
07.3.1 Passenger transport by railway 11 12 0.7 0.2 -0.01
07.3.2 Passenger transport by road 11 12 0.4 0.2 -
07.3.3 Passenger transport by air 6 6 7.0 0.3 -0.05
07.3.4 Passenger transport by sea and inland waterway 4 2 5.2 2.1 -0.02

Download table

  • Large downward effect on the all items 12-month rate change.

  • Due to passenger transport by air and, to a lesser extent, passenger transport by sea and inland waterway; and passenger transport by railway.

Passenger transport by railway

  • Small downward effect.

  • Prices overall rose this year by less than a year ago, particularly for international rail journeys.

Passenger transport by air

  • Large downward effect.

  • Average air fares rose this year by less than a year ago, with the main downward contribution coming from European flights.

  • Partially offset by small upward contributions coming from long-haul and domestic flights.

Passenger transport by sea and inland waterway

  • Small downward effect.

  • Average international sea fares rose this year by less than a year ago.

08 Communication

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
08 Communication 32 31 -0.1 -0.2 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

  • There is a small downward contribution coming from telephone equipment and services.

08.1 Postal services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
08.1 Postal services 2 2 - - -

Download table

  • Negligible overall effect on the all items 12-month rate change.

08.2/3 Telephone equipment and services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
08.2/3 Telephone equipment and services 30 29 -0.1 -0.2 -0.01

Download table

  • Small downward effect on the all items 12-month rate change.

  • Prices overall fell this year by more than a year ago, with the main downward contributions coming from mobile telephone charges and bundled telecommunication services.

  • Partially offset by a small upward contribution coming from mobile phone applications, where prices rose this year but fell a year ago.

09 Recreation and culture

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
09 Recreation and culture 144 147 - -0.1 -0.01

Download table

  • Small downward effect on the all items 12-month rate change.

  • Due to books, newspapers and stationery; and other recreational items, gardens  and pets.

  • Partially offset by audio-visual equipment and related products; and recreational and cultural services.

09.1 Audio-visual equipment and related products

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
09.1 Audio-visual equipment and related products 22 23 0.2 0.6 0.01
09.1.1 Equipment for the reception and reproduction of sound and pictures 5 5 -1.0 1.1 0.01
09.1.2 Photographic, cinematographic and optical equipment 3 3 4.5 -3.0 -0.02
09.1.3 Data processing equipment 8 9 -1.4 1.4 0.02
09.1.4 Recording media 5 5 1.4 0.8 -
09.1.5 Repair of audio-visual equipment and related products 1 1 -0.4 0.2 -

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to data processing equipment; and equipment for the reception and reproduction of sound and pictures.

  • Partially offset by photographic, cinematographic and optical equipment.

Equipment for the reception and reproduction of sound and pictures

  • Small upward effect.

  • Prices overall rose this year but fell a year ago, particularly for televisions.

Photographic, cinematographic and optical equipment

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, particularly for digital camcorders.

Data processing equipment

  • Small upward effect.

  • Prices overall rose this year but fell a year ago, with the main upward contributions coming from PC peripherals and tablet computers.

09.2 Other major durables for recreation and culture

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
09.2.1/2 Major durables for in/outdoor recreation 9 10 - - -

Download table

  • Negligible overall effect on the all items 12-month rate change.

09.3 Other recreational items, gardens and pets

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
09.3 Other recreational items, gardens and pets 36 36 -1.0 -1.2 -0.01
09.3.1 Games, toys and hobbies 21 21 -1.8 -1.8 -
09.3.2 Equipment for sport and open-air recreation 3 4 0.2 -1.4 -0.01
09.3.3 Gardens, plants and flowers 4 4 -0.3 -0.2 -
09.3.4/5 Pets, related products and services 8 7 - -0.1 -

Download table

  • Small downward effect on the all items 12-month rate change.

  • Due to equipment for sport and open-air recreation, where prices overall fell this year but rose a year ago.

09.4 Recreational and cultural services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
09.4 Recreational and cultural services 31 31 0.4 0.7 0.01
09.4.1 Recreational and sporting services 9 8 0.1 0.1 -
09.4.2 Cultural services 22 23 0.5 0.8 0.01

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to cultural services, where prices overall rose this year by more than a year ago, with the main upward contribution coming from increases to the subscription costs for satellite TV. Partially offset by a small downward contribution coming from admission to theatres, where prices overall fell this year but rose a year ago.

09.5 Books, newspapers and stationery

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
09.5 Books, newspapers and stationery 14 14 1.0 0.1 -0.01
09.5.1 Books 4 4 1.4 -2.6 -0.02
09.5.2 Newspapers and periodicals 5 5 0.9 1.9 -
09.5.3/4 Misc. printed matter, stationery, drawing materials 5 5 0.8 0.6 -

Download table

  • Small downward effect on the all items 12-month rate change.

  • Due to books, where prices overall fell this year but rose a year ago, particularly for non-fiction.

09.6 Package holidays

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
09.6 Package holidays 32 33 0.1 - -

Download table

  • Negligible overall effect on the all items 12-month rate change.

10 Education

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
10 Education 22 26 - - -

Download table

  • Negligible overall effect on the all items 12-month rate change.

11 Restaurants and hotels

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
11 Restaurants and hotels 120 121 0.4 0.4 0.01

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to accommodation services.

  • Partially offset by catering services.

11.1 Catering services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
11.1 Catering services 100 100 0.2 0.2 -0.01
11.1.1 Restaurants and cafes 91 91 0.3 0.2 -0.01
11.1.2 Canteens 9 9 0.1 0.1 -

Download table

  • Small downward effect on the all items 12-month rate change.

  • Due to restaurants and cafes, where prices overall rose this year by less than a year ago, with the main downward contributions coming from cafeteria meals and takeaway sandwiches.

11.2 Accommodation services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
11.2 Accommodation services 20 21 1.1 1.7 0.01

Download table

  • Small upward effect on the all items 12-month rate change.

  • Prices overall rose this year by more than a year ago, particularly for overnight hotel stays.

12 Miscellaneous goods and services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
12 Misc. goods and services 88 91 -0.1 0.2 0.03

Download table

  • Largest upward effect on the all items 12-month rate change.

  • Due to financial services not elsewhere covered; personal care; and insurance.

  • Partially offset by personal effects not elsewhere covered.

12.1 Personal care

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
12.1 Personal care 29 30 -0.4 -0.1 0.01
12.1.1 Hairdressing and personal grooming establishments 7 7 0.2 0.1 -
12.1.2/3 Appliances and products for personal care 22 23 -0.6 -0.1 0.01

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to appliances and products for personal care, where prices overall fell this year by less than a year ago, with the main upward contributions coming from perfume/eau de toilette and baby wipes. Partially offset by a small downward contribution coming from deodorant, where prices overall rose this year by less than a year ago.

12.3 Personal effects not elsewhere covered

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
12.3 Personal effects not elsewhere covered 13 14 0.6 -0.3 -0.01
12.3.1 Jewellery, clocks and watches 8 9 0.1 -0.3 -
12.3.2 Other personal effects 5 5 1.4 -0.3 -0.01

Download table

  • Small downward effect on the all items 12-month rate change.

  • Prices overall fell this year but rose a year ago, with the main downward contribution coming from trolley cases.

12.4 Social protection

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
12.4 Social protection 12 13 0.4 0.2 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

12.5 Insurance

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
12.5 Insurance 7 10 -0.8 0.2 0.01
12.5.2 House contents insurance 2 2 2.1 0.1 -
12.5.3 Health insurance 2 3 - - -
12.5.4 Transport insurance 3 5 -3.3 0.3 0.01

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to transport insurance, where average premiums rose this year but fell a year ago.

12.6 Financial services not elsewhere covered

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
12.6 Financial services not elsewhere covered 17 12 - 1.5 0.02

Download table

  • Small upward effect on the all items 12-month rate change.

  • Prices overall rose this year but were little changed a year ago, with the main upward contribution coming from mortgage fees.

12.7 Other services not elsewhere covered

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to CPI annual rate change
12.7 Other services not elsewhere covered 10 12 -0.1 0.2 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

 

RPI Summary

Contributions to change in the RPI annual rate

GROUPS Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
FOOD 114 109 0.2 -0.1 -0.03
CATERING 47 47 0.2 0.1 -0.01
ALCOHOLIC DRINKS 58 56 - 0.3 0.02
TOBACCO 29 27 0.3 0.2 -0.01
HOUSING 253 263 0.3 0.2 -0.04
FUEL AND LIGHT 48 45 -0.1 -0.1 -
HOUSEHOLD GOODS 61 59 0.4 1.0 0.03
HOUSEHOLD SERVICES 62 65 0.4 -0.2 -0.04
CLOTHING AND FOOTWEAR 45 42 0.5 -0.3 -0.04
PERSONAL GOODS AND SERVICES 40 41 - -0.1 -
MOTORING EXPENDITURE 120 115 -0.6 0.3 0.11
FARES AND OTHER TRAVEL COSTS 22 25 2.3 0.2 -0.05
LEISURE GOODS 30 28 0.1 - -
LEISURE SERVICES 71 78 0.3 0.5 0.01

Download table

RPI Notable Movements

RPI notable movements, June 2015

All items RPI Annual rate +1.0%, unchanged from last month
Also +1.0% in February 2015
Last higher in January 2015 (+1.1%)
Last lower in April 2015 (+0.9%)
   
All items RPI exc MIPS (RPIX) Annual rate +1.1%, unchanged from last month
Last higher in January 2015 (+1.2%)
Last lower in April 2015 (+0.9%)
   
All items RPI exc MIPS and indirect Annual rate +1.0%, unchanged from last month
taxes (RPIY) Last higher in January 2015 (+1.1%)
Last lower in April 2015 (+0.8%)
   
Catering Annual rate +1.6%, down from +1.7% last month
Never lower since official series began in January 1988
   
Tobacco Annual rate +5.7%, down from +5.9% last month
Lowest since December 2009 (+4.5%)
   
Housing Annual rate +2.8%, down from +3.0% last month
Also +2.8% in May 2014
Last lower in April 2014 (+2.6%)
   
Household services Annual rate +2.7%, down from +3.3% last month
Also +2.7% in January 2015 and May 2012
Last lower in August 2011 (+2.5%)
   
Leisure goods Annual rate -2.3%, down from -2.2% last month
Also -2.3% in February 2012
Last lower in December 2011 (-2.4%)
   
All goods Annual rate -0.7%, unchanged from last month
Last higher in January 2015 (-0.6%)
Last lower in April 2015 (-0.8%)
   
All services Annual rate +2.1%, unchanged from last month
Also +2.1% in February 2015 and December 2014
Last higher in November 2014 (+2.8%)
Last lower in April 2015 (+1.8%)

Download table

RPI Detailed Briefing

In accordance with the Statistics and Registration Service Act 2007, the Retail Prices Index and its derivatives have been assessed against the Code of Practice for Official Statistics and found not to meet the required standard for designation as National Statistics. A consultation was carried out in March 2013 on whether to maintain this detailed RPI briefing and, based on views received, it was decided to continue with its publication.

  • Weights are specified as parts per 1000 in the RPI.

Food

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
FOOD 114 109 0.2 -0.1 -0.03

Download table

  • Small downward effect on the all items 12-month rate change.

  • Due to non-seasonal food.

Seasonal food

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
SEASONAL FOOD 19 18 -0.3 -0.6 -
Home killed lamb 1 1 4.3 2.7 -
Fresh fish 2 2 -1.7 - -
Eggs 1 1 0.5 -1.2 -
Unprocessed potatoes 2 2 2.5 - -
Other fresh vegetables 7 6 0.4 0.1 -
Fresh fruit 6 6 -2.4 -2.0 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

Non-seasonal food

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
NON-SEASONAL FOOD 95 91 0.3 - -0.03
Bread 5 4 0.1 -0.4 -
Cereals 4 4 - -1.4 -0.01
Biscuits and cakes 7 7 0.6 0.5 -
Beef 4 4 0.5 -0.1 -
Imported lamb 1 1 2.1 0.4 -
Pork 1 1 -2.7 -1.9 -
Bacon 2 2 0.4 0.4 -
Poultry 4 4 -0.5 -0.9 -
Other meat 7 7 0.1 0.4 -
Processed fish 2 2 -4.8 2.1 0.01
Butter 1 1 1.3 -3.0 -
Oils and fats 2 1 2.0 -5.9 -0.01
Cheese 4 4 0.9 2.7 0.01
Milk, fresh 4 3 -0.6 -0.6 -
Milk products 4 4 -0.1 1.5 0.01
Tea 1 1 -1.5 -0.5 -
Soft drinks 11 10 1.3 0.8 -0.01
Sugar and preserves 1 1 0.8 1.0 -
Sweets and chocolates 11 11 0.3 -1.3 -0.02
Potato products 3 3 0.5 4.9 0.01
Processed vegetables 2 2 0.9 -3.8 -0.01
Processed fruit 1 2 0.7 -0.5 -
Other foods 11 11 0.5 -0.6 -0.01
Coffee and other hot drinks 2 1 -1.4 2.1 -

Download table

  • Small downward effect on the all items 12-month rate change.

  • Due to:
    • Sweets and chocolates, oils and fats, processed vegetables and other foods, where prices overall fell this year but rose a year ago, with the main downward contributions coming from bags of sweets, dried potted snacks, margarine/low fat spread and pizzas. Partially offset by small upward contributions coming from cartons/boxes of chocolates, cook-in sauces and mayonnaise, where prices overall rose this year but fell a year ago;
    • Cereals, where prices overall fell this year but were little changed a year ago; and
    • Soft drinks, where prices overall rose this year by less than a year ago, with the main downward contributions coming from bottles of cola flavoured drinks and fresh/chilled orange juice. Partially offset by a small upward contribution coming from fruit squash, where prices rose this year by more than a year ago.
  • Partially offset by:
    • Processed fish and milk products , where prices overall rose this year but fell a year ago, particularly for canned tuna; and
    • Cheese and potato products, where prices overall rose this year by more than a year ago, with the main upward contribution coming from potato crisps.

Catering

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
CATERING 47 47 0.2 0.1 -0.01
Restaurant meals 28 28 0.2 0.1 -
Canteen meals 3 3 0.1 0.1 -
Take-away meals and snacks 16 16 0.3 0.1 -

Download table

  • Small downward effect on the all items 12-month rate change.

  • Prices overall rose this year by less than a year ago.

Alcoholic drinks

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
ALCOHOLIC DRINKS 58 56 - 0.3 0.02
Beer on sales 20 19 0.3 0.3 -
Beer off sales 5 5 0.1 -0.3 -
Wines and spirits on sales 18 18 0.2 0.3 -
Wines and spirits off sales 15 14 -0.7 0.5 0.02

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to wines and spirits off sales, where prices overall rose this year but fell a year ago, particularly for red and white wine. Partially offset by small downward contributions coming from whisky and rum, where prices overall fell this year but rose a year ago.

Tobacco

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
TOBACCO 29 27 0.3 0.2 -0.01
Cigarettes 25 23 0.4 0.2 -0.01
Other tobacco products 4 4 -0.2 0.1 -

Download table

  • Small downward effect on the all items 12-month rate change.

  • Due to cigarettes, where prices overall rose this year by less than a year ago.

Housing

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
HOUSING 253 263 0.3 0.2 -0.04
Rent 87 84 0.1 0.1 -
Mortgage interest payments 30 29 0.1 0.1 -
Council tax and rates 42 40 - - -
Water and other charges 14 14 - - -
Repairs and maintenance charges 10 9 0.1 - -
DIY materials 6 8 0.3 - -
Dwelling insurance and ground rent 6 6 0.6 -0.2 -
House depreciation 58 73 1.1 0.4 -0.04

Download table

  • Large downward effect on the all items 12-month rate change.

  • Due to house depreciation, with the smoothed house price index used to calculate this component rising this year by less than a year ago.

Fuel and light

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
FUEL AND LIGHT 48 45 -0.1 -0.1 -
Coal and solid fuels 1 1 -0.2 -0.4 -
Electricity 22 21 - - -
Gas 21 21 - - -
Oil and other fuels 4 2 -0.6 -2.1 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

Household goods

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
HOUSEHOLD GOODS 61 59 0.4 1.0 0.03
Furniture 21 22 1.7 2.8 0.03
Furnishings 9 9 -0.2 -0.1 -
Electrical appliances 6 5 -1.9 -1.0 0.01
Other household equipment 4 4 1.1 -0.2 -0.01
Household consumables 12 12 -0.6 - 0.01
Pet care 9 7 - -0.1 -

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to:
    • Furniture, where prices overall rose this year by more than a year ago, particularly for leather settees;
    • Household consumables, where prices overall were little changed this year but fell a year ago; and
    • Electrical appliances, where prices overall fell this year by less than a year ago.
  • Partially offset by other household equipment, where prices overall fell this year but rose a year ago.

Household services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
HOUSEHOLD SERVICES 62 65 0.4 -0.2 -0.04
Domestic services 13 13 0.4 0.4 -
Fees and subscriptions 24 26 0.8 -0.1 -0.02
Postage 1 1 - - -
Telephone charges 24 25 -0.1 -0.7 -0.01

Download table

  • Large downward effect on the all items 12-month rate change.

  • Due to:
    • Fees and subscriptions, where average charges fell this year but rose a year ago, with the main downward contributions coming from estate agent fees and house contents insurance; and
    • Telephone charges, where prices overall fell this year by more than a year ago, particularly for mobile telephone charges. There is a partially offsetting upward contribution coming from mobile phone applications, where prices rose this year but fell a year ago.

Clothing and footwear

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
CLOTHING AND FOOTWEAR 45 42 0.5 -0.3 -0.04
Men’s outerwear 10 8 0.4 0.1 -
Women’s outerwear 16 16 0.4 -0.8 -0.02
Children’s outerwear 5 5 2.0 1.0 -
Other clothing 5 5 0.2 -0.5 -
Footwear 9 8 0.6 - -0.01

Download table

  • Large downward effect on the all items 12-month rate change.

  • Due to:
    • Women’s outerwear, where prices overall fell this year but rose a year ago, with the main downward contributions coming from trousers, jumpers, skirts and casual jackets; and
    • Footwear, where prices overall were little changed this year but rose a year ago, with the main downward contribution coming from women’s boots.

Personal goods & services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
PERSONAL GOODS & SERVICES 40 41 - -0.1 -
Personal articles 10 10 0.5 0.1 -
Chemists' goods 16 17 -0.5 -0.2 -
Personal services 14 14 0.1 0.1 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

Motoring expenditure

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
MOTORING EXPENDITURE 120 115 -0.6 0.3 0.11
Purchase of motor vehicles 36 42 -0.5 -0.4 -
Maintenance of motor vehicles 17 16 0.2 0.1 -
Petrol and oil 43 35 0.1 0.9 0.03
Vehicle tax and insurance 24 22 -2.6 0.6 0.08

Download table

  • Largest upward effect on the all items 12-month rate change.

  • Due to:
    • Vehicle tax and insurance, where average premiums for car insurance rose this year but fell a year ago; and, to a lesser extent,
    • Petrol and oil, where prices overall rose this year by more than a year ago. The price of petrol, as recorded for the RPI, rose by 1.2 pence per litre between May and June 2015, to stand at 116.3 pence per litre, compared with a rise of 0.2 pence per litre last year to stand at 129.7 pence per litre. Diesel prices rose by 0.7 pence per litre, to stand at 121.3 pence per litre in June 2015, compared with a fall of 0.4 pence per litre last year to stand at 136.0 pence per litre.

Fares and other travel costs

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
FARES AND OTHER TRAVEL COSTS 22 25 2.3 0.2 -0.05
Rail fares 7 7 0.7 0.2 -
Bus and coach fares 4 3 0.5 0.4 -
Other travel costs 11 15 3.8 0.2 -0.04

Download table

  • Largest downward effect on the all items 12-month rate change.

  • Due to other travel costs, where average air fares rose this year by less than a year ago.

Leisure goods

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
LEISURE GOODS 30 28 0.1 - -
Audio-visual equipment 7 7 -1.2 1.4 0.02
CDs and tapes 2 2 1.4 0.9 -
Toys, photographic and sports goods 9 8 -0.4 -1.5 -0.01
Books and newspapers 7 6 1.3 0.2 -0.01
Gardening products 5 5 -0.4 -0.2 -

Download table

  • Negligible overall effect on the all items 12-month rate change.

  • There is an upward contribution coming from audio-visual equipment, where prices overall rose this year but fell a year ago, particularly for PC peripherals.

  • Offset by downward contributions coming from:
    • Toys, photographic and sports goods, where prices overall fell this year by more than a year ago, with the main downward contribution coming from digital camcorders. Partially offset by a small upward contribution coming from computer games, where prices overall fell this year by less than a year ago; and
    • Books and newspapers, where prices overall rose this year by less than a year ago, with the main downward contribution coming from hardback non-fiction books.

Leisure services

  Weight 2014 Weight 2015 1 month % change Jun 2014 1 month % change Jun 2015 Contribution to RPI annual rate change
LEISURE SERVICES 71 78 0.3 0.5 0.01
TV licence and rentals 12 12 - 2.0 0.02
Entertainment and other recreation 15 15 0.6 0.1 -0.01
Foreign holidays 34 41 0.1 - -
UK holidays 10 10 0.9 1.0 -

Download table

  • Small upward effect on the all items 12-month rate change.

  • Due to TV licence and rentals, where prices overall rose this year but were unchanged a year ago, with the main upward contribution coming from increases to the subscription costs for satellite TV.

  • Partially offset by entertainment and other recreation, where prices overall rose this year by less than a year ago, with the main downward contribution coming from admission to theatres.

Reconciliation of CPI and RPI

Table 5 of the Consumer Price Inflation Reference Tables (2.51 Mb Excel sheet)

This table identifies the main factors contributing to the differences between the unrounded inflation rates for the CPI and the RPI. These differences are broken down into: mortgage interest payments, other housing components excluded from the CPI, other differences in the coverage of goods and services, and the formula effect. The final column titled ‘other differences including weights’ is derived as a residual.

The difference between the CPI and RPI unrounded annual rates in June 2015 was -1.05 percentage points, widening from -0.93 percentage points in May 2015. 

The main factors contributing to the widening were:
  • Other differences including weights, which increased the RPI 12-month rate relative to the CPI 12-month rate by 0.16 percentage points between May and June 2015. The effect came mainly from insurance; clothing and footwear; furniture and furnishings, carpets and household textiles; and seafares.
  • Formula effect, which increased the RPI 12-month rate relative to the CPI 12-month rate by 0.03 percentage points between May and June 2015. The effect came mainly from clothing and footwear.
The only offsetting factor was:
  • Other housing components, which decreased the RPI 12-month rate by 0.06 percentage points between May and June 2015 but are excluded from the CPI. The effect came mainly from house depreciation and estate agent fees.

RPI Miscellaneous Data

Selected average prices

Description April 2015 May 2015 June 2015
Petrol per litre Diesel £1.19 £1.21 £1.21
Petrol £1.13 £1.15 £1.16
Alcohol pub prices Draught bitter (pint) £2.96 £2.95 £2.96
Draught lager (pint) £3.44 £3.44 £3.45
Whisky (per nip) £2.58 £2.59 £2.60
Cigarettes Per 20 king size £8.86 £8.87 £8.89

Table notes:

  1. Average prices are as recorded for the RPI.

Download table

Changes in Mortgage Interest Rates

This table gives an estimate of the contribution that changes in the average mortgage interest rate (MI) make to the 1-month percentage change in the RPI.

Changes in mortgage interest rates

Month 1-month % change in the RPI Approx. change in average MI rate Approx. contribution to the 1-month % change in the RPI
June 2014 +0.2 Down -0.01% points -0.01% points
July 2014 -0.1 Negligible -
August 2014 +0.4 Down -0.01% points -0.01% points
September 2014 +0.2 Negligible -
October 2014 +0.0 Down -0.02% points -0.02% points
November 2014 -0.2 Down -0.01% points -0.01% points
December 2014 +0.2 Down -0.01% points -0.01% points
January 2015 -0.8 Down -0.01% points -0.01% points
February 2015 +0.5 Down -0.02% points -0.02% points
March 2015 +0.2 Down -0.02% points -0.02% points
April 2015 +0.4 Down -0.01% points -0.01% points
May 2015 +0.2 Down -0.02% points -0.02% points
June 2015 +0.2 Down -0.01% points -0.01% points

Table notes:

  1. A one percentage point change in the average mortgage interest rate contributes approx 0.9 percentage points to the 1-month percentage change in the RPI.

Download table

Outlook

The outlook is a summary of seasonal trends, selected news cuttings and other sources of information. It gives some indication of expected changes to the annual rate of the CPI and RPI in the next few months.

FOOD

Seasonal Food

  • Seasonal food prices have shown a mixed pattern of rises and falls in July of recent years, but are typically dependent on weather conditions both in the UK and around the world.

Monthly % change for CPI seasonal food index

Year May June July
2009 +2.0 -0.5 -2.5
2010 -0.6 +0.9 +0.7
2011 +2.9 +0.5 -1.0
2012 +0.5 +0.7 -0.5
2013 -0.3 -1.5 +0.2
2014 -1.6 -0.5 +0.2
2015 +0.1 +0.0

Table notes:

  1. Seasonal food prices in the RPI tend to show a similar movement.

Download table

CLOTHING AND FOOTWEAR

  • Prices tend to fall sharply in July as a result of the summer sales.

Monthly % change for CPI clothing and footwear index

Year May June July
2009 +0.4 -1.5 -3.2
2010 +0.3 -2.1 -4.9
2011 +0.4 -1.9 -3.5
2012 -0.1 -4.2 -2.6
2013 +1.2 -1.9 -3.2
2014 -0.1 +0.6 -5.7
2015 +0.5 -0.4

Table notes:

  1. The clothing and footwear group in the RPI exhibits a similar seasonal pattern.

Download table

 

FURNITURE, HOUSEHOLD EQUIPMENT AND MAINTENANCE

  • Prices tend to fall in July as a result of the summer sales.

Monthly % change for CPI furniture, household equipment and maintenance index

Year May June July
2009 +1.0 +1.0 -2.7
2010 +1.2 +0.7 -1.9
2011 +0.4 +0.4 -1.1
2012 +0.6 +0.0 -1.1
2013 +1.1 -0.5 -1.0
2014 +0.5 +0.2 -1.5
2015 +0.6 +0.3

Table notes:

  1. The household goods group in the RPI exhibits a similar seasonal pattern.

Download table

TRANSPORT

Fuels and Lubricants

  • Oil prices fell as Iran and six world powers approached a nuclear deal that would end sanctions on the Islamic Republic and let more Iranian oil on to world markets. News of a unanimous agreement by European leaders on a bailout loan for Athens, which should allow Greece to stay in the euro zone, helped pare early losses. Brent crude for August fell $1.89 to a low of $56.84 a barrel before rallying back to around $57.30. U.S. light crude, also known as West Texas Intermediate (WTI), was down $1.15 at $51.59 a barrel. (uk.reuters.com 13 July 2015)

  • When considering the price of petrol between June and July 2015, it may be useful to note that the average price of petrol rose by 1.0 pence per litre between June and July 2014, standing at 131.0 pence per litre as measured in the CPI.

  • A 1 pence change on average in the cost of a litre of motor fuel contributes approximately 0.03 percentage points to the 1-month change in the CPI.

Passenger Transport by Air

  • Air fares tend to rise in July.

Monthly % change for CPI air fares index

Year May June July
2009 +6.9 +3.0 +12.2
2010 +6.0 +10.0 +9.6
2011 -11.1 +8.5 +9.8
2012 +1.4 +7.4 +21.7
2013 +22.0 -2.8 +13.9
2014 -3.2 +7.0 +14.0
2015 +10.4 +0.3

Table notes:

  1. The air fares index used in the RPI is the same as that used in the CPI, and is included in the other travel costs section.

Download table

HOUSING (RPI)

Mortgage interest payments (MIPs)

  • The Bank of England Bank Rate remained unchanged at 0.5% on Wednesday 8 July 2015.

  • The change in average mortgage interest rates recorded in the RPI was negligible between June and July 2014. The Bank of England Bank Rate remained unchanged at 0.5% in June 2014.

  • A one percentage point change in the average mortgage interest rate contributes approximately 0.9 percentage points to the 1-month percentage change in the RPI.

JULY 2015 BUDGET

An article describing the estimated effects on consumer price inflation of duty and tax changes announced in the July 2015 Budget will be published on this website on 15 July 2015.

Contacts

Media contact:
Tel: Luke Croydon +44 (0) 845 6041858
Out of hours media line +44 (0) 7867 906553
Email: media.relations@ons.gsi.gov.uk

Statistical contact:
Tel: Philip Gooding +44 (0) 1633 455896
Email: philip.gooding@ons.gsi.gov.uk

Website: www.ons.gov.uk

Email: cpi@ons.gsi.gov.uk

Consumer Price Inflation recorded message (available after 9.45 am on release day):
Tel: +44 (0) 800 0113703

Consumer Price Inflation Enquiries:
Tel: +44 (0) 1633 456900

Background notes

  1. Consumer price inflation for July 2014 to July 2015 will be published on 18 August 2015.

  2. Details of the policy governing the release of new data are available by visiting www.statisticsauthority.gov.uk/assessment/code-of-practice/index.html or from the Media Relations Office email: media.relations@ons.gsi.gov.uk

    These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Get all the tables for this publication in the data section of this publication .
Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.