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What was the CPI number for 12 months?
Not seasonally adjusted CPI measures The Consumer Price Index for All Urban Consumers (CPI-U) increased 8.6 percent over the last 12 months to an index level of 292.296 (1982-84=100). For the month, the index increased 1.1 percent prior to seasonal adjustment.
Why was UK inflation so high in 2011?
It was the highest since September 2008. In that month inflation also hit 5.2% and was the highest since this series of data began in 1997. The ONS said that gas, electricity and fuel prices were the biggest factors in the rise.
What is the CPI rate for September 2020?
0.5%
The inflation measures for the year to September 2020 are as follows: CPI inflation was 0.5% in September (Index: 109.1), up from 0.2% in the year to August. CPIH inflation was 0.7% in September (Index: 109.2), up from 0.5% in the year to August.
What was CPI in December 2012?
The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.7 percent over the last 12 months to an index level of 229.601 (1982-84=100).
Why was inflation so high in 2008 UK?
Periods of Inflation In UK The 1920s and 30s, were generally a period of low growth and high unemployment. 2008 – due to rising oil prices. 2012 – Higher taxes, rising import prices from devaluation. 2022 – Rising oil and gas prices, rising food prices.
What is the Consumer Price Index (CPI)?
The CPI is a measure of consumer price inflation produced to international standards and in line with European regulations. The CPI is the inflation measure used in the government’s target for inflation.
What is the CPI used to measure inflation?
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.
What is the CPIH 12-month inflation rate?
CPIH 12-month inflation rate. The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 1.7% in September 2019, unchanged from August 2019.
What is the CPI rate for September 2021?
On a monthly basis, CPI increased 0.3% in September 2021, compared with a rise of 0.4% in September 2020. 2. Annual CPIH inflation rate The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 2.9% in the 12 months to September 2021, down from 3.0% to August.