Skip to content

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

Released: 17 February 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 all items CPI is 127.1, down from 128.2 in December.

  • The all items CPI annual rate is 0.3%, down from 0.5% in December.

  • The annual rate for CPI excluding indirect taxes, CPIY, is 0.0%, down from 0.5% last month.

  • The annual rate for CPI at constant tax rates, CPI-CT, is 0.2%, down from 0.5% last month.

  • The CPI all goods index is 119.2, down from 121.0 in December.

  • The CPI all goods index annual rate is -1.5%, down from -1.0% last month.

  • The CPI all services index is 137.0, down from 137.4 in December.

  • The CPI all services index annual rate is 2.4%, up from 2.3% last month.

CPIH

The National Statistics status of CPIH has been discontinued pending work by ONS to investigate and improve the method for measuring owner occupiers’ housing costs in this index. Full details can be found on the UK Statistics Authority website and an explanatory note (313.9 Kb Pdf) on the ONS website.

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 almost 18% of the expenditure weight of CPIH. This has increased notably from a weight of 10% 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 all items CPIH is 125.2, down from 126.1 in December.

  • The all items CPIH annual rate is 0.4%, down from 0.6% in December.

  • The annual rate for CPIH excluding indirect taxes, CPIHY, is 0.3%, down from 0.6% last month.

  • The OOH component of CPIH is 109.4, up from 109.2 in December.

  • The OOH component annual rate is 1.1%, unchanged from last month.

  • The CPIH all goods index is 119.3, down from 121.1 in December.

  • The CPIH all goods index annual rate is -1.6%, down from -1.0% last month.

  • The CPIH all services index is 130.6, down from 130.7 in December.

  • The CPIH all services index annual rate is 2.0%, unchanged from 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 the two indices. ONS does not produce detailed goods and services indices for RPIJ.

  • The all items RPI is 255.4, down from 257.5 in December.

  • The all items RPI annual rate is 1.1%, down from 1.6% last month.

  • The all items RPIJ is 236.5, down from 238.6 in December.

  • The all items RPIJ annual rate is 0.5%, down from 1.0% last month.

  • The annual rate for RPIX, the all items RPI excluding mortgage interest payments (MIPs) index, is 1.2%, down from 1.7% last month.

  • The all goods RPI is 196.4, down from 199.6 last month.

  • The all goods RPI annual rate is -0.6%, down from 0.3% last month.

  • The all services RPI is 346.0, down from 347.1 in December.

  • The all services RPI annual rate is 2.0%, down from 2.1% last month.

  • The annual rate for RPIY, the all items RPI excluding MIPs and indirect taxes index, is 1.1%, down from 1.8% last month.

  • The Tax and Price Index (TPI) for January is 223.9, down from 226.0 in December.

  • The TPI annual rate is 0.5%, down from 1.1% last month.

CPI Summary

Contributions to change in the CPI annual rate

CPI COICOP DIVISIONS Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
01: Food and non-alcoholic beverages 112 110 0.2 -0.7 -0.09
02: Alcoholic beverages and tobacco 45 43 3.1 1.4 -0.08
03: Clothing and footwear 72 70 -5.4 -3.7 0.13
04: Housing, water, electricity, gas and other fuels 129 128 -0.2 -0.1 0.01
05: Furniture, household equipment and maintenance 60 59 -3.1 -2.5 0.04
06: Health 24 25 0.6 0.7 -
07: Transport 152 149 -0.6 -2.0 -0.21
08: Communication 32 31 0.5 - -0.02
09: Recreation and culture 144 147 -0.5 -0.9 -0.07
10: Education 22 26 - - -
11: Restaurants and hotels 120 121 -0.2 -0.1 0.01
12: Miscellaneous goods and services 88 91 -0.3 -0.1 0.02

Download table

Large downward effects came from:

  • Transport, where prices, overall, fell by 2.0% between December 2014 and January 2015 compared with a smaller fall of 0.6% between the same two months a year earlier. Most of the downward contribution came from motor fuel prices falling at a quicker rate than a year ago. The average petrol price fell by 8.5p per litre between December 2014 and January 2015 to 108.3p. The average diesel price fell by 7.3p over the same period to 115.6p. Petrol is now at its lowest price since November 2009 and diesel since February 2010;

  • Food & non-alcoholic beverages, where prices, overall, fell by 0.7% between December 2014 and January 2015, compared with a rise of 0.2% between the same two months a year earlier. The downward contribution came from price movements for food – most notably for milk (where there were price falls at a number of major supermarket chains for 2 pint cartons) and a range of fruits;

  • Alcoholic beverages & tobacco, where prices, overall, increased by 1.4% between December 2014 and January 2015, compared with a larger rise of 3.1% between the same two months a year earlier. Most of the downward contribution came from price movements for alcohol – most notably beer, where prices usually rise in the new year but fell this year; and

  • Recreation & culture: prices, overall, fell by 0.9% between December 2014 and January 2015 compared with a smaller fall of 0.5% between the same two months a year earlier. The downward contribution was broad-based across the sector.

Large upward effects came from:

  • Clothing & footwear, where prices, overall, fell by 3.7% between December 2014 and January 2015, compared with a larger fall of 5.4% between the same two months a year ago. Prices for clothing always fall in December and January during the winter sales period. However, the fall this winter was smaller than in recent years with reports of better than expected sales; and

  • Furniture, household equipment & routine maintenance, where prices, overall, fell by 2.5% between December 2014 and January 2015, compared with a larger fall of 3.1% between the same two months a year ago. The downward contribution came from a range of goods, most notably household cleaning products, where there were a number of price recoveries this January compared with sales a year ago.

CPI Notable Movements

CPI notable movements, January 2015

All items CPI Annual rate +0.3%, down from +0.5% last month
Never lower since official series began in January 1997
All items CPI exc energy, food, Annual rate +1.4%, up from +1.3% last month
alcohol and tobacco Highest since October 2014 (+1.5%)
Food and non-alcoholic beverages Annual rate -2.5%, down from -1.7% last month
Never lower since official series began in January 1997
Alcoholic beverages and tobacco Annual rate +3.3%, down from +5.0% last month
Also +3.3% in June 2009
Last lower in April 2009 (+2.8%)
Transport Annual rate -2.8%, down from -1.4% last month
Never lower since official series began in January 1997
Communication Annual rate +0.2%, down from +0.7% last month
Lowest since March 2009 (-0.8%)
Recreation and culture Annual rate +0.1%, down from +0.6% last month
Lowest since May 2012 (-0.7%)
All goods Annual rate -1.5%, down from -1.0% last month
Also -1.5% in September 2002
Last lower in August 2002 (-1.7%)
All services Annual rate +2.4%, up from +2.3% last month
Also +2.4% in November 2014
Last higher in October 2014 (+2.5%)
Fuels and lubricants Annual rate -16.2%, down from -10.5% last month
Never lower since official series began in January 1997

Download table

CPI Detailed Briefing

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

01 Food & non-alcoholic beverages

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
01 Food & non-alcoholic beverages 112 110 0.2 -0.7 -0.09

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 Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
01.1 Food 99 97 - -1.0 -0.09
01.1.1 Bread and cereals 17 16 -2.0 -1.8 0.01
01.1.2 Meat 22 22 -0.6 -0.6 -
01.1.3 Fish 4 4 -0.7 0.2 -
01.1.4 Milk, cheese and eggs 14 14 - -2.1 -0.03
01.1.5 Oils and fats 2 2 -1.2 -2.1 -
01.1.6 Fruit 10 10 -0.3 -2.8 -0.03
01.1.7 Vegetables including potatoes 15 14 0.7 -0.2 -0.01
01.1.8 Sugar, jam, syrups, chocolate and confectionery 12 12 3.3 1.9 -0.02
01.1.9 Food products not elsewhere covered 3 3 0.5 -3.8 -0.01

Download table

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

  • Due to milk, cheese and eggs; fruit; sugar, jam, syrups, chocolate and confectionery; vegetables including potatoes; and food products not elsewhere covered.

  • Partially offset by bread and cereals.

Bread and cereals

  • Small upward effect.

  • Prices overall fell this year by less than a year ago, with the main upward contribution coming from frozen pizza.

Milk, cheese and eggs

  • Small downward effect.

  • Prices overall fell this year but were little changed a year ago, with the main downward contribution coming from shop bought milk.

  • Partially offset by yoghurt/fromage frais, where prices overall fell this year by less than a year ago.

Fruit

  • Small downward effect.

  • Prices overall fell this year by more than a year ago, with the main downward contributions coming from bananas, grapes and pineapples.

Vegetables including potatoes

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, with downward contributions coming from a wide range of products.

  • Partially offset by a small upward contribution coming from multi packs of crisps.

Sugar, jam, syrups, chocolate and confectionery

  • Small downward effect.

  • Prices overall rose this year by less than a year ago, with the main downward contributions coming from chocolate bars and bags of non-chocolate sweets.

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

Food products not elsewhere covered

  • Small downward effect.

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

01.2 Non-alcoholic beverages

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
01.2 Non-alcoholic beverages 13 13 1.8 1.6 -
01.2.1 Coffee, tea and cocoa 3 3 4.7 - -0.01
01.2.2 Mineral waters, soft drinks and juices 10 10 0.9 2.1 0.01

Download table

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

  • There was a small downward contribution from coffee, tea and cocoa, where prices were little changed this year but rose a year ago, with the main downward contribution coming from jars of instant coffee.

  • Offset by a small upward contribution from mineral waters, soft drinks and juices, where prices overall rose this year by more than a year ago, with the main upward contribution coming from bottles of cola flavoured drinks. Partially offset by a small downward contribution from bottles of fruit flavoured drinks.

02 Alcoholic beverages and tobacco

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
02 Alcoholic beverages and tobacco 45 43 3.1 1.4 -0.08

Download table

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

  • Due to alcoholic beverages and, to a lesser extent, tobacco.

02.1 Alcoholic beverages

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
02.1 Alcoholic beverages 20 19 6.6 3.2 -0.07
02.1.1 Spirits 6 5 6.7 5.1 -0.01
02.1.2 Wine 9 9 6.8 4.3 -0.02
02.1.3 Beer 5 5 6.0 -0.7 -0.03

Download table

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

  • Due to beer; wine; and spirits.

Spirits

  • Small downward effect.

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

Wine

  • Small downward effect.

  • Prices overall rose this year by less than a year ago, with the main downward contributions coming from New World white wine and rose wine.

Beer

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, with the main downward contributions coming from both bottles and cans of lager.

02.2 Tobacco

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
02.2 Tobacco 25 24 0.3 -0.1 -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.

03 Clothing and footwear

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
03 Clothing and footwear 72 70 -5.4 -3.7 0.13

Download table

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

  • Due to clothing.

03.1 Clothing

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
03.1 Clothing 62 60 -5.8 -3.9 0.13
03.1.2 Garments 55 54 -5.8 -4.1 0.10
03.1.3 Other clothing and clothing accessories 6 5 -6.3 -1.8 0.03
03.1.4 Cleaning, repair and hire of clothing 1 1 0.3 0.2 -

Download table

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

  • Due to garments and, to a lesser extent, other clothing and clothing accessories.

Garments

  • Large upward effect.

  • Prices overall fell this year by less than a year ago, with the main upward contributions coming from women’s trousers, skirts, formal jackets, jumpers, cardigans, t-shirts, long sleeved tops and pants, men’s ready-made suits and football shirts.

  • Partially offset by small downward contributions coming from men’s coats, t-shirts, women’s shorts and baby’s sleepsuits.

Other clothing and clothing accessories

  • Small upward effect.

  • Prices overall fell this year by less than a year ago, particularly for men’s ties and ladies scarves.

03.2 Footwear including repairs

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
03.2 Footwear including repairs 10 10 -2.9 -2.6 -

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 Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
04 Housing, water, electricity, gas and other fuels 129 128 -0.2 -0.1 0.01

Download table

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

  • Due to electricity, gas and other fuels.

04.1 Actual rentals for housing

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 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 Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
04.3 Regular maintenance and repair of the dwelling 2 2 0.1 -0.8 -
04.3.1 Materials for maintenance and repair 1 1 0.2 -1.7 -
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 Jan-14 1 month % change Jan-15 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 Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
04.5 Electricity, gas and other fuels 45 42 -0.6 -0.5 0.01
04.5.1 Electricity 21 20 -0.2 - -
04.5.2 Gas 21 20 -1.0 -0.5 0.01
04.5.3 Liquid fuels 2 1 -2.5 -12.7 -0.01
04.5.4 Solid fuels 1 1 0.6 -0.2 -

Download table

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

  • Due to gas.

  • Partially offset by liquid fuels.

Gas

  • Small upward effect.

  • Charges overall fell this year by less than a year ago when there were price decreases resulting from the Energy Obligation Scheme.

Liquid fuels

  • Small downward effect.

  • Kerosene prices fell this year by more than a year ago.

05 Furniture, household equipment and maintenance

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
05 Furniture, household equipment and maintenance 60 59 -3.1 -2.5 0.04

Download table

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

  • Due to goods and services for routine maintenance; household textiles; and household appliances, fitting and repair.

05.1 Furniture, furnishings and carpets

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
05.1 Furniture, furnishings and carpets 21 21 -5.1 -5.1 -
05.1.1 Furniture and furnishings 16 15 -6.5 -6.1 0.01
05.1.2 Carpets and other floor coverings 5 6 -0.8 -2.8 -0.01

Download table

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

  • There was a small upward contribution from furniture and furnishings, where prices overall fell this year by less than a year ago, particularly for sofa beds, partially offset by a small downward contribution from kitchen units.

  • Offset by a small downward contribution from carpets and other floor coverings, where prices overall fell this year by more than a year ago, with the main downward contribution coming from tufted carpets.

05.2 Household textiles

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
05.2 Household textiles 7 6 -4.6 -3.5 0.01

Download table

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

  • Prices overall fell this year by less than a year ago, particularly for fitted sheets.

05.3 Household appliances, fitting and repairs

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
05.3 Household appliances, fitting and repairs 9 8 -2.4 -1.4 0.01
05.3.1/2 Major appliances and small electric goods 8 7 -2.7 -1.5 0.01
05.3.3 Repair of household appliances 1 1 0.2 -0.8 -

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, with the main upward contributions coming from fridge freezers and automatic washing machines.

05.4 Glassware, tableware and household utensils

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
05.4 Glassware, tableware and household utensils 6 6 -1.0 -1.7 -

Download table

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

05.5 Tools and equipment for house and garden

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
05.5 Tools and equipment for house and garden 4 5 -0.1 -0.7 -

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 Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
05.6 Goods and services for routine maintenance 13 13 -1.2 0.6 0.02
05.6.1 Non-durable household goods 5 5 -3.0 1.3 0.02
05.6.2 Domestic services and household services 8 8 -0.1 0.2 -

Download table

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

  • Prices overall rose this year but fell a year ago, particularly for household cleaner, bleach and fabric conditioner.

06 Health

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
06 Health 24 25 0.6 0.7 -

Download table

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

06.1 Medical products, appliances and equipment

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
06.1 Medical products, appliances and equipment 10 12 -0.4 -0.1 -
06.1.1 Pharmaceutical products 6 7 -1.0 -0.3 -
06.1.2/3 Other medical and therapeutic equipment 4 5 0.5 0.2 -

Download table

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

06.2 Out-patient services

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
06.2 Out-patient services 6 5 0.1 0.1 -
06.2.1/3 Medical and paramedical services 3 3 0.2 -0.1 -
06.2.2 Dental services 3 2 - 0.4 -

Download table

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

06.3 Hospital services

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
06.3 Hospital Services 8 8 2.4 2.2 -

Download table

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

07 Transport

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
07 Transport 152 149 -0.6 -2.0 -0.21

Download table

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

  • Due to operation of personal transport equipment.

  • Partially offset by transport services; and purchase of vehicles.

07.1 Purchase of vehicles

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
07.1 Purchase of vehicles 44 40 0.2 0.4 0.01
07.1.1A New cars 23 24 0.3 0.4 -
07.1.1B Second-hand cars 18 14 0.3 0.7 -
07.1.2/3 Motorcycles and bicycles 3 2 -1.4 -0.9 -

Download table

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

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

07.2 Operation of personal transport equipment

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
07.2 Operation of personal transport equipment 76 77 0.2 -2.8 -0.24
07.2.1 Spare parts and accessories 5 6 -0.7 -0.5 -
07.2.2 Fuels and lubricants 35 34 -0.5 -6.8 -0.22
07.2.3 Maintenance and repairs 23 23 1.7 0.7 -0.02
07.2.4 Other services 13 14 -0.1 -0.1 -

Download table

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

  • Due to fuels and lubricants and, to a lesser extent, maintenance and repairs.

Fuels and lubricants

  • Large downward effect.

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

  • The average price of petrol across the month, as recorded for the CPI, fell by 8.5 pence per litre between December 2014 and January 2015 to stand at 108.3 pence per litre.

  • Last year, the average price of petrol fell by 0.6 pence per litre between December 2013 and January 2014 to stand at 129.8 pence per litre.

  • The average price of diesel fell by 7.3 pence per litre between December 2014 and January 2015 to stand at 115.6 pence per litre, compared with a fall of 0.6 pence per litre a year earlier to stand at 137.7 pence per litre.

Maintenance and repairs

  • Small downward effect.

  • Prices overall rose this year by less than a year ago, with the main downward contributions coming from exhaust and brake fitting.

07.3 Transport services

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
07.3 Transport services 32 32 -3.7 -3.0 0.02
07.3.1 Passenger transport by railway 11 12 1.4 1.0 -
07.3.2 Passenger transport by road 11 12 -1.6 -0.7 0.01
07.3.3 Passenger transport by air 6 6 -18.5 -17.1 0.01
07.3.4 Passenger transport by sea and inland waterway 4 2 -1.0 0.9 0.01

Download table

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

  • Due to passenger transport by road; passenger transport by air; and passenger transport by sea and inland waterway.

Passenger transport by road

  • Small upward effect.

  • Prices overall fell this year by less than a year ago, with the main upward contribution coming from bus fares, where average charges rose this year by more than a year ago.

Passenger transport by air

  • Small upward effect.

  • Average air fares fell this year by less than a year ago, with the main upward contribution coming from long haul flights, partially offset by a small downward contribution from European flights.

Passenger transport by sea and inland waterway

  • Small upward effect.

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

08 Communication

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
08 Communication 32 31 0.5 - -0.02

Download table

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

  • Due to telephone equipment and services.

08.1 Postal services

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 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 Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
08.2/3 Telephone equipment and services 30 29 0.5 - -0.02

Download table

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

  • Prices overall were little changed this year but rose a year ago, with the main downward contributions coming from telephone and mobile charges, partially offset by purchase of non-mobile telephones.

09 Recreation and culture

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
09 Recreation and culture 144 147 -0.5 -0.9 -0.07

Download table

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

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

  • Partially offset by audio-visual equipment and related products.

09.1 Audio-visual equipment and related products

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
09.1 Audio-visual equipment and related products 22 23 -3.2 -2.3 0.02
09.1.1 Equipment for the reception and reproduction of sound and pictures 5 5 -1.8 -0.9 -
09.1.2 Photographic, cinematographic and optical equipment 3 3 -3.4 -3.1 -
09.1.3 Data processing equipment 8 9 0.3 0.4 -
09.1.4 Recording media 5 5 -10.7 -8.6 0.01
09.1.5 Repair of audio-visual equipment and related products 1 1 0.2 0.3 -

Download table

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

  • Due to recording media, where prices overall fell this year by less than a year ago, with the main upward contribution coming from DVDs.

  • Partially offset by a small downward contribution from CD roms and music downloads, where prices overall fell this year by more than a year ago.

09.2 Other major durables for recreation and culture

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
09.2.1/2 Major durables for in/outdoor recreation 9 10 0.1 -0.1 -

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 Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
09.3 Other recreational items, gardens and pets 36 36 0.8 -0.5 -0.05
09.3.1 Games, toys and hobbies 21 21 1.4 -0.1 -0.03
09.3.2 Equipment for sport and open-air recreation 3 4 -1.8 -1.5 -
09.3.3 Gardens, plants and flowers 4 4 0.1 -1.7 -0.01
09.3.4/5 Pets, related products and services 8 7 0.6 -0.4 -0.01

Download table

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

  • Due to games, toys and hobbies; gardens, plants and flowers; and pets, related products and services.

Games, toys and hobbies

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, with the main downward contributions coming from computer games, computer games consoles, electronic educational toys and model road vehicles.

  • Partially offset by small upward contributions from craft kits and construction toys.

Gardens, plants and flowers

  • Small downward effect.

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

Pets, related products and services

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, particularly for complete dry dog food.

09.4 Recreational and cultural services

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
09.4 Recreational and cultural services 31 31 -1.2 -1.7 -0.02
09.4.1 Recreational and sporting services 9 8 -2.5 -1.8 0.01
09.4.2 Cultural services 22 23 -0.7 -1.7 -0.02

Download table

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

  • Due to cultural services.

  • Partially offset by recreational and sporting services.

Recreational and sporting services

  • Small upward effect.

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

Cultural services

  • Small downward effect.

  • Prices overall fell this year by more than a year ago, with the main downward contributions coming from nightclub entry and theatre admissions.

  • Partially offset by a small upward contribution coming from live music events, where prices rose this year but fell a year ago.

09.5 Books, newspapers and stationery

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
09.5 Books, newspapers and stationery 14 14 0.2 -1.1 -0.02
09.5.1 Books 4 4 -2.7 -6.6 -0.02
09.5.2 Newspapers and periodicals 5 5 3.1 3.0 -
09.5.3/4 Misc. printed matter, stationery, drawing materials 5 5 -0.4 -0.8 -

Download table

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

  • Due to books, where prices overall fell this year by more than a year ago, particularly for non-fiction hard cover books.

09.6 Package holidays

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 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 Jan-14 1 month % change Jan-15 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 Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
11 Restaurants and hotels 120 121 -0.2 -0.1 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 Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
11.1 Catering services 100 100 0.1 -0.1 -0.02
11.1.1 Restaurants and cafes 91 91 0.1 -0.1 -0.01
11.1.2 Canteens 9 9 0.3 -0.2 -

Download table

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

  • Due to restaurants and cafes, where prices overall fell this year but rose a year ago, particularly for takeaway sandwiches.

11.2 Accommodation services

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
11.2 Accommodation services 20 21 -1.4 -0.3 0.02

Download table

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

  • Charges overall fell this year by less than a year ago, particularly for hotel overnight accommodation.

12 Miscellaneous goods and services

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
12 Misc. goods and services 88 91 -0.3 -0.1 0.02

Download table

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

  • Due to financial services not elsewhere covered; personal care; other services not elsewhere covered; and social protection.

  • Partially offset by personal effects not elsewhere covered; and insurance.

12.1 Personal care

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
12.1 Personal care 29 30 0.3 0.5 0.01
12.1.1 Hairdressing and personal grooming establishments 7 7 - - -
12.1.2/3 Appliances and products for personal care 22 23 0.4 0.7 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 rose this year by more than a year ago, with the main upward contributions coming from a wide range of products, partially offset by small downward contributions from tissues and toothbrushes.

12.3 Personal effects not elsewhere covered

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
12.3 Personal effects not elsewhere covered 13 14 -0.4 -1.5 -0.02
12.3.1 Jewellery, clocks and watches 8 9 0.7 -0.3 -0.01
12.3.2 Other personal effects 5 5 -2.1 -3.7 -0.01

Download table

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

  • Due to jewellery, clocks and watches; and other personal effects.

Jewellery, clocks and watches

  • Small downward effect.

  • Prices overall fell this year but rose a year ago, particularly for gent’s watches, partially offset by a small upward contribution from gold chains.

Other personal effects

  • Small downward effect.

  • Prices overall fell this year by more than a year ago, with the main downward contribution coming from luggage items.

12.4 Social protection

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
12.4 Social protection 12 13 0.2 0.5 0.01

Download table

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

  • Average charges rose this year by more than a year ago.

12.5 Insurance

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
12.5 Insurance 7 10 1.3 0.1 -0.01
12.5.2 House contents insurance 2 2 0.2 -0.8 -
12.5.3 Health insurance 2 3 4.4 2.6 -
12.5.4 Transport insurance 3 5 -0.1 -1.0 -0.01

Download table

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

  • Due to average premiums for transport insurance falling this year by more than a year ago.

12.6 Financial services not elsewhere covered

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
12.6 Financial services not elsewhere covered 17 12 -1.9 -1.4 0.02

Download table

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

  • Prices overall fell this year by less than a year ago, particularly for bank overdraft charges, partially offset by fees for stopping a cheque, where charges fell this year but were little changed a year ago.

12.7 Other services not elsewhere covered

  Weight 2014 Weight 2015 1 month % change Jan-14 1 month % change Jan-15 Contribution to CPI annual rate change
12.7 Other services not elsewhere covered 10 12 -0.3 0.7 0.01

Download table

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

  • Charges overall rose this year but fell a year ago, with the main upward contribution coming from home delivery costs.

RPI Summary

Contributions to change in the RPI annual rate

GROUPS Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
FOOD 116 114 0.4 -0.4 -0.10
CATERING 47 47 0.1 -0.1 -0.01
ALCOHOLIC DRINKS 61 58 2.2 1.3 -0.06
TOBACCO 30 29 0.3 -0.1 -0.01
HOUSING 254 253 0.1 0.1 -0.02
FUEL AND LIGHT 43 48 -0.7 -1.0 -0.02
HOUSEHOLD GOODS 60 61 -3.4 -2.8 0.03
HOUSEHOLD SERVICES 62 62 0.2 -0.2 -0.02
CLOTHING AND FOOTWEAR 43 45 -5.3 -3.1 0.10
PERSONAL GOODS AND SERVICES 40 40 - -0.1 -0.01
MOTORING EXPENDITURE 122 120 0.1 -2.8 -0.34
FARES AND OTHER TRAVEL COSTS 18 22 -3.8 -3.9 -0.02
LEISURE GOODS 30 30 -0.6 -0.9 -0.01
LEISURE SERVICES 74 71 -0.3 -0.3 -

Download table

RPI Notable Movements

RPI notable movements, January 2015

All items RPI Annual rate +1.1%, down from +1.6% last month
Lowest since November 2009 (+0.3%)
All items RPI exc MIPS (RPIX) Annual rate +1.2%, down from +1.7% last month
Also +1.2% in July 2009
Last lower in June 2009 (+1.0%)
All items RPI exc MIPS and indirect Annual rate +1.1%, down from +1.8% last month
taxes (RPIY) Never lower since official series began in January 1988
Food Annual rate -2.3%, down from -1.5% last month
Also -2.3% in June 1959
Last lower in April 1957 (-3.1%)
Non seasonal food Annual rate -1.7%, down from -1.0% last month
Also -1.7% in May 1958
Last lower in March 1958 (-2.3%)
Seasonal food Annual rate -5.3%, down from -3.9% last month
Lowest since March 2006 (-5.5%)
Catering Annual rate +2.0%, down from +2.1% last month
Lowest since November 2009 (+1.9%)
Fuel and light Annual rate -2.9%, down from -2.6% last month
Lowest since March 2010 (-4.4%)
Household services Annual rate +2.7%, down from +3.1% last month
Also +2.7% in May 2012
Last lower in August 2011 (+2.5%)
Motoring expenditure Annual rate -5.9%, down from -3.1% last month
Lowest since March 2009 (-7.0%)
All goods Annual rate -0.6%, down from +0.3% last month
Lowest since October 2002 (-0.7%)
All services Annual rate +2.0%, down from +2.1% last month
Also +2.0% in May 1996 and April 1996
Never lower since official series began in January 1988
Petrol and oil Annual rate -16.2%, down from -8.8% last month
Lowest since August 1986 (-19.4%)

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. ONS consulted in March 2013 on whether to maintain this detailed RPI briefing and, based on views received, decided to continue with its publication.

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

Food

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
FOOD 116 114 0.4 -0.4 -0.10

Download table

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

  • Due to non-seasonal food and, to a lesser extent, seasonal food.

Seasonal food

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
SEASONAL FOOD 20 19 0.3 -1.1 -0.03
Home killed lamb 1 1 1.0 8.3 0.01
Fresh fish 2 2 -1.3 -2.6 -
Eggs 1 1 0.8 -2.7 -
Unprocessed potatoes 2 2 1.1 0.5 -
Other fresh vegetables 7 7 0.6 0.3 -
Fresh fruit 7 6 - -3.7 -0.02

Download table

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

  • Due to fresh fruit, where prices overall fell this year but were little changed a year ago, with the main downward contribution coming from grapes.

  • Partially offset by home killed lamb, where prices overall rose this year by more than a year ago.

Non-seasonal food

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
NON-SEASONAL FOOD 96 95 0.4 -0.3 -0.07
Bread 5 5 0.3 -1.8 -0.01
Cereals 4 4 -0.8 -2.5 -0.01
Biscuits and cakes 7 7 -1.9 -0.6 0.01
Beef 4 4 -0.3 1.5 0.01
Imported lamb 1 1 0.8 -2.8 -
Pork 1 1 -1.2 -2.9 -
Bacon 2 2 -3.1 -3.0 -
Poultry 4 4 -1.0 -3.0 -0.01
Other meat 7 7 0.1 0.7 -
Processed fish 2 2 2.1 1.9 -
Butter 1 1 -0.1 -3.7 -
Oils and fats 2 2 -1.0 -0.2 -
Cheese 3 4 1.7 0.2 -
Milk, fresh 4 4 0.6 -3.7 -0.02
Milk products 4 4 -1.7 -0.8 -
Tea 1 1 3.2 - -
Soft drinks 12 11 1.3 2.2 0.01
Sugar and preserves 1 1 0.1 -0.2 -
Sweets and chocolates 13 11 3.0 1.3 -0.02
Potato products 3 3 0.1 0.4 -
Processed vegetables 2 2 0.5 -2.2 -0.01
Processed fruit 1 1 -0.5 3.1 -
Other foods 11 11 0.3 -1.3 -0.02
Coffee and other hot drinks 1 2 5.9 0.4 -

Download table

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

  • Due to:
    • Fresh milk; other foods; bread; and processed vegetables, where prices overall fell this year but rose a year ago, with the main downward contribution coming from cook-in sauces. Partially offset by a small upward contribution from frozen pizza;
    • Sweets and chocolates, where prices overall rose this year by less than a year ago, with the main downward contributions coming from chocolate bars and non-chocolate bags of sweets; and
    • Cereals; and poultry, where prices overall fell this year by more than a year ago.
  • Partially offset by:
    • Biscuits and cakes, where prices overall fell this year by less than a year ago;
    • Soft drinks, where prices overall rose this year by more than a year ago, with the main upward contribution coming from bottled cola flavoured drinks, partially offset by a small downward contribution from bottles of fruit flavoured drinks; and
    • Beef, where prices overall rose this year but fell a year ago.

Catering

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
CATERING 47 47 0.1 -0.1 -0.01
Restaurant meals 27 28 - - -
Canteen meals 4 3 0.3 -0.1 -
Take-away meals and snacks 16 16 0.1 -0.1 -

Download table

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

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

Alcoholic drinks

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
ALCOHOLIC DRINKS 61 58 2.2 1.3 -0.06
Beer on sales 21 20 - -0.1 -
Beer off sales 5 5 4.8 -0.1 -0.02
Wines and spirits on sales 20 18 0.1 0.2 -
Wines and spirits off sales 15 15 7.6 5.1 -0.03

Download table

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

  • Due to:
    • Wines and spirits off sales, where prices overall rose this year by less than a year ago, with the main downward contributions coming from New World white wine and rose wine; and
    • Beer off sales, where prices overall fell this year but rose a year ago, with the main downward contribution coming from bottles and cans of lager.

Tobacco

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
TOBACCO 30 29 0.3 -0.1 -0.01
Cigarettes 26 25 0.2 -0.1 -0.01
Other tobacco products 4 4 0.4 - -

Download table

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

  • Due to cigarettes, where prices overall fell this year but rose a year ago.

Housing

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
HOUSING 254 253 0.1 0.1 -0.02
Rent 86 87 0.1 0.1 -
Mortgage interest payments 29 30 -0.3 0.2 0.01
Council tax and rates 43 42 - - -
Water and other charges 14 14 - - -
Repairs and maintenance charges 10 10 0.1 - -
DIY materials 7 6 0.1 -1.4 -0.01
Dwelling insurance and ground rent 7 6 0.1 -0.5 -
House depreciation 58 58 0.7 0.2 -0.02

Download table

  • Small 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; and
    • DIY materials, where prices fell this year but rose a year ago.
  • Partially offset by a small upward contribution from mortgage interest payments, where average charges rose this year but fell a year ago.

Fuel and light

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
FUEL AND LIGHT 43 48 -0.7 -1.0 -0.02
Coal and solid fuels 1 1 0.6 -0.2 -
Electricity 20 22 -0.2 - -
Gas 19 21 -1.1 -0.5 0.01
Oil and other fuels 3 4 -1.1 -10.6 -0.03

Download table

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

  • Due to oil and other fuels, where average prices fell this year by more than a year ago.

  • Partially offset by gas, where charges fell this year by less than a year ago when there were price decreases resulting from the Energy Obligation Scheme.

Household goods

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
HOUSEHOLD GOODS 60 61 -3.4 -2.8 0.03
Furniture 21 21 -6.9 -6.2 0.01
Furnishings 9 9 -2.0 -3.0 -0.01
Electrical appliances 6 6 -2.4 -0.4 0.01
Other household equipment 4 4 -2.0 -1.3 -
Household consumables 12 12 -1.6 0.5 0.03
Pet care 8 9 0.7 -0.6 -0.01

Download table

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

  • Due to:
    • Household consumables, where prices overall rose this year but fell a year ago, particularly for household cleaners, bleach and fabric conditioner; and
    • Furniture; and electrical appliances, where prices overall fell this year by less than a year ago, with the main upward contributions coming from sofa beds and leather settees. Partially offset by small downward contributions coming from kitchen units and table lamps.
  • Partially offset by:
    • Furnishings, where prices overall fell this year by more than a year ago, with the main downward contribution coming from tufted carpets; and
    • Pet care, where prices overall fell this year but rose a year ago, particularly for complete dry dog food.

Household services

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
HOUSEHOLD SERVICES 62 62 0.2 -0.2 -0.02
Domestic services 13 13 0.1 0.3 -
Fees and subscriptions 24 24 -0.2 -0.6 -0.01
Postage 1 1 - - -
Telephone charges 24 24 0.6 -0.1 -0.02

Download table

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

  • Due to:
    • Telephone charges, where average charges fell this year but rose a year ago, with the main downward contributions coming from telephone and mobile telephone charges; and
    • Fees and subscriptions, where charges overall fell this year by more than a year ago, with the main downward contribution coming from house contents insurance.

Clothing and footwear

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
CLOTHING AND FOOTWEAR 43 45 -5.3 -3.1 0.10
Men’s outerwear 9 10 -3.6 -3.4 -
Women’s outerwear 16 16 -8.2 -4.3 0.08
Children’s outerwear 5 5 -3.4 -2.9 -
Other clothing 5 5 -3.2 -1.1 0.01
Footwear 8 9 -2.9 -2.0 -

Download table

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

  • Due to women’s outerwear and, to a lesser extent, other clothing, where prices overall fell this year by less than a year ago, with the main upward contributions coming from women’s trousers, sleeveless/short sleeved formal tops, t-shirts, jumpers, dresses, long sleeved tops and scarves.

Personal goods & services

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
PERSONAL GOODS & SERVICES 40 40 - -0.1 -0.01
Personal articles 10 10 -0.8 -1.9 -0.01
Chemists' goods 15 16 - - -
Personal services 15 14 0.7 1.0 -

Download table

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

  • Due to personal articles, where prices overall fell this year by more than a year ago, with the main downward contribution coming from luggage items.

Motoring expenditure

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
MOTORING EXPENDITURE 122 120 0.1 -2.8 -0.34
Purchase of motor vehicles 34 36 0.3 0.5 0.01
Maintenance of motor vehicles 19 17 1.2 0.5 -0.01
Petrol and oil 45 43 -0.2 -8.3 -0.32
Vehicle tax and insurance 24 24 -0.2 -1.0 -0.02

Download table

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

  • Due to:
    • Petrol and oil, where prices overall fell this year by more than a year ago. The price of petrol, as recorded for the RPI, fell by 10.9 pence per litre between December 2014 and January 2015, to stand at 108.9 pence per litre, compared with a fall of 0.4 pence per litre last year to stand at 130.4 pence per litre. Diesel prices fell by 8.6 pence per litre, to stand at 116.2 pence per litre in January 2015, compared with a fall of 0.3 pence per litre last year to stand at 138.3 pence per litre; and, to a lesser extent
    • Vehicle tax and insurance, where average premiums for car insurance fell this year by more than a year ago; and
    • Maintenance of motor vehicles, where prices rose this year by less than a year ago, particularly for brake and exhaust fitting.
  • Partially offset by purchase of motor vehicles, where prices overall rose this year by more than a year ago.

Fares and other travel costs

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
FARES AND OTHER TRAVEL COSTS 18 22 -3.8 -3.9 -0.02
Rail fares 6 7 1.5 1.0 -
Bus and coach fares 4 4 -2.8 -1.2 0.01
Other travel costs 8 11 -7.9 -7.5 -0.02

Download table

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

  • The downward contribution is due to weight changes in 2014. Average fares fell this year by less than a year ago. However as the weight for other travel costs increased between 2013 and 2014, this resulted in a small downward effect on the all items 12-month rate change.

  • Partially offset by bus and coach fares, where average charges fell this year by less than a year ago.

Leisure goods

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
LEISURE GOODS 30 30 -0.6 -0.9 -0.01
Audio-visual equipment 6 7 -1.2 -1.3 -
CDs and tapes 3 2 -10.1 -8.2 0.01
Toys, photographic and sports goods 9 9 0.6 -0.2 -0.01
Books and newspapers 7 7 1.6 -0.1 -0.01
Gardening products 5 5 -0.4 -1.0 -

Download table

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

  • Due to toys, photographic and sports goods; and books and newspapers, where prices overall fell this year but rose a year ago, with the main downward contributions coming from national daily newspapers. Partially offset by a small upward contribution from craft kits.

  • Partially offset by CDs and tapes, where prices overall fell this year by less than a year ago, with the main upward contribution coming from purchase of DVD’s.

Leisure services

  Weight 2013 Weight 2014 1 month % change Jan-14 1 month % change Jan-15 Contribution to RPI annual rate change
LEISURE SERVICES 74 71 -0.3 -0.3 -
TV licence and rentals 13 12 0.1 - -
Entertainment and other recreation 15 15 -1.6 -1.9 -0.01
Foreign holidays 35 34 0.2 0.2 -
UK holidays 11 10 -0.5 - 0.01

Download table

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

  • There was a small downward contribution from entertainment and other recreation, where prices overall fell this year by more than a year ago, with the main downward effect coming from theatre admission. Partially offset by a small upward contribution from live music events.

  • Offset by a small upward contribution from UK holidays, where prices were little changed this year but fell a year ago.

Reconciliation of CPI and RPI

(Table 5 of the Consumer Price Inflation Reference Tables) (2.15 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 January 2015 was -0.84 percentage points, narrowing from -1.07 percentage points in December 2014.

The main factors contributing to the narrowing were:

  • Other differences including weights, which increased the CPI 12-month rate relative to the RPI 12-month rate by 0.25 percentage points between December 2014 and January 2015. The effect came mainly from: fuels and lubricants; clothing and footwear; air fares; liquid fuels; insurance and financial services. This was partially offset by games, toys and hobbies and equipment for sport and open air recreation.

  • Other housing components, which decreased the RPI 12-month rate by 0.03 percentage points between December 2014 and January 2015 but are excluded from the CPI. The effect was mainly due to house depreciation.

The main offsetting factor was:

  • Formula effect, which decreased the CPI 12-month rate relative to the RPI 12-month rate by 0.03* percentage points between December 2014 and January 2015. The effect came mainly from clothing and footwear. (*Updated 18 February 2015 15.00pm due to incorrect data being published, corrected from 0.3 to 0.03 percentage points). 

RPI Miscellaneous Data

Selected average prices

Description November 2014 December 2014 January 2015
Petrol per litre Diesel £1.28 £1.25 £1.16
Petrol £1.23 £1.20 £1.09
Alcohol pub prices Draught bitter (pint) £2.97 £2.96 £2.96
Draught lager (pint) £3.40 £3.40 £3.40
Whisky (per nip) £2.57 £2.56 £2.56
Cigarettes Per 20 king size £8.68 £8.70 £8.69

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
January 2014 -0.3 Down -0.02% points -0.02% points
February 2014 +0.6 Down -0.01% points -0.01% points
March 2014 +0.2 Down -0.02% points -0.02% points
April 2014 +0.4 Down -0.01% points -0.01% points
May 2014 +0.1 Down -0.02% points -0.02% points
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

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 generally rise in February and can be affected by weather conditions both in the UK and the continent.

Monthly % change for CPI seasonal food index

Year December January February
2008/09 +0.4 -0.5 +1.8
2009/10 +1.7 -0.2 +1.8
2010/11 +2.8 -1.1 +0.6
2011/12 +3.3 -1.6 +1.2
2012/13 +2.9 +0.1 +1.6
2013/14 +0.8 +0.1 -0.4
2014/15 +0.6 -1.1

Table notes:

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

Download table

CLOTHING AND FOOTWEAR

  • Prices for clothing and footwear tend to rise in February.

Monthly % change for CPI clothing and footwear index

Year December January February
2008/09 -4.2 -4.7 +0.8
2009/10 -1.3 -5.7 +2.0
2010/11 -1.9 -5.9 +3.6
2011/12 -2.8 -4.9 +2.9
2012/13 -1.5 -5.4 +2.0
2013/14 -0.9 -5.4 +1.1
2014/15 -1.1 -3.7

Table notes:

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

Download table

ELECTRICITY, GAS AND OTHER FUELS

  • E.ON has cut its standard gas prices by 3.5%, equivalent to £24 off an average annual household gas bill. The price cut was effective from 13 January 2015 and included in the January 2015 indices.

  • EDF says it will cut gas prices by 1.3%, the cut will come into effect on 11 February 2015.

  • Npower announced it is to cut gas prices by 5.1% from 16 February 2015.

  • Scottish Power announced it is to reduce gas prices by 4.8% from 20 February 2015.

  • British Gas is to cut gas prices by 5% on 27 February 2015.

  • SSE has said it will cut its domestic gas prices by 4.1% from 30 April.

FURNITURE, HOUSEHOLD EQUIPMENT AND MAINTENANCE

  • Prices tend to rise in February as they recover from New Year sales.

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

Year December January February
2008/09 +0.3 -2.8 +2.4
2009/10 +2.2 -3.1 +1.1
2010/11 +1.2 -1.9 +1.4
2011/12 +1.0 -2.2 +1.5
2012/13 +1.3 -2.3 +1.5
2013/14 +1.7 -3.1 +2.4
2014/15 +1.6 -2.5

Table notes:

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

Download table

TRANSPORT

Fuels and Lubricants

  • Oil prices rebounded more than $1 towards $56 a barrel on Thursday, after a two-day decline, as a weakened dollar and industry spending cuts offset worries of a supply glut. (uk.reuters.com 12 February 2015)

  • When considering the price of petrol between December 2014 and January 2015, it may be useful to note that the average price of petrol fell by 0.6 pence per litre between December 2013 and January 2014, to stand at 129.8 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 have shown variable movement in February.

Monthly % change for CPI air fares index

Year December January February
2008/09 +36.2 -27.3 -2.1
2009/10 +41.7 -28.4 +1.7
2010/11 +41.8 -30.9 +2.1
2011/12 +40.9 -28.4 -1.6
2012/13 +21.9 -20.5 +9.2
2013/14 +19.8 -18.5 +3.3
2014/15 +19.3 -17.1

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 Thursday 12 February 2015.

  • The change in average mortgage interest rates recorded in the RPI was -0.01% between January and February 2014. The Bank of England Bank Rate remained unchanged at 0.5% in December 2013.

  • 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.

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: Richard Campbell +44 (0) 1633 651536

Email: richard.campbell@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. 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.