🌐 Entity

Consumer price index in the United Kingdom

Official measure of inflation in the UK

📊 Rating

7 news mentions · 👍 0 likes · 👎 0 dislikes

📌 Topics

Inflation (7)
Economy (3)
Energy Prices (2)
Energy Costs (1)
Geopolitics (1)

🏷️ Keywords

UK inflation (7) · energy prices (3) · February 2024 (3) · Bank of England (3) · economic data (3) · economic impact (2) · analysts warning (1) · economic stability (1) · inflation forecast (1) · CPI (1) · interest rates (1) · core inflation (1) · price stability (1) · monetary policy (1) · Iran war (1) · global markets (1) · energy pressures (1) · Deutsche Bank (1) · price increases (1) · economic warning (1)

📖 Key Information

The consumer price index in the United Kingdom is a family of official price indices produced by the Office for National Statistics (ONS) that measure changes over time in the prices of goods and services purchased by households. The main indices are the Consumer Prices Index (CPI), the Consumer Prices Index including owner occupiers' housing costs (CPIH) and the Retail Prices Index (RPI). CPI and CPIH are constructed from a representative "basket" of around 700 goods and services with about 180,000 price quotations collected each month from shops and online outlets across the United Kingdom.