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GBP, Pound sterling

United Kingdom Core Retail Price Index (RPI) y/y

Country: United Kingdom
Sector: Prices
Low 4.1% 4.0%
3.9%
Last release Importance Actual Forecast
Previous
4.3%
4.1%
Next release Actual Forecast
Previous

Core Retail Price Index y/y measures the change in the price of goods and services to reflect household spending in the given month compared to the same month of the previous year.

In contrast to CPI, which only includes housing rent cost, the Retail Price Index includes the following housing costs: taxes, house deprecation, building insurance, ground rent and other house purchase costs. Mortgage interest payments are excluded from the index calculation.

The index growth indicates the increase in the national economy activity level and is seen as positive for the pound sterling.

Chart

History

Export
Date (GMT)
Reference
Actual
Forecast
Previous
Aug 2017
4.1%
4.0%
3.9%
Jul 2017
3.9%
3.4%
3.8%
Jun 2017
3.8%
4.3%
3.9%
May 2017
3.9%
3.8%
Apr 2017
3.8%
3.4%
Mar 2017
3.4%
3.5%
Feb 2017
3.5%
2.9%
Jan 2017
2.9%
2.7%
Dec 2016
2.7%
2.5%
Nov 2016
2.5%
2.2%