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15/02/2005
No change in rate of inflation
Consumer Price Index (CPI) inflation has remained steady at 1.6% last month, according to the latest figures from the Office of National Statistics (ONS).
The ONS said that transport costs and petrol and diesel prices had fallen in January, which contrasted with small rises recorded last year. Seasonal falls in airfares were also reported to be greater in January than a year earlier.
The CPI was also affected by deeper furniture price cuts, as well as larger price cuts in the clothing and footwear market than the same period last year.
However, there were also a number of upward pressures on the CPI, including rising household energy costs and supply shortages for several seasonal food items, which led to higher prices last month. Other large upward effects also came from financial services, recreation and culture.
The Retail Price Index (RPI) inflation rate fell from 3.5% to 3.2% last month, due to similar factors, although coverage, expenditure weights and some methodological differences resulted in an overall downward effect on the RPI annual rate. Inflation in most housing costs – which are not included in the CPI – fell, mainly due to depreciation. House prices used in its calculation were broadly unchanged this year, but increased last year.
Excluding mortgage interest payments (RPIX) was 2.1% in January, a fall from 2.5% the previous month.
(KMcA/SP)
The ONS said that transport costs and petrol and diesel prices had fallen in January, which contrasted with small rises recorded last year. Seasonal falls in airfares were also reported to be greater in January than a year earlier.
The CPI was also affected by deeper furniture price cuts, as well as larger price cuts in the clothing and footwear market than the same period last year.
However, there were also a number of upward pressures on the CPI, including rising household energy costs and supply shortages for several seasonal food items, which led to higher prices last month. Other large upward effects also came from financial services, recreation and culture.
The Retail Price Index (RPI) inflation rate fell from 3.5% to 3.2% last month, due to similar factors, although coverage, expenditure weights and some methodological differences resulted in an overall downward effect on the RPI annual rate. Inflation in most housing costs – which are not included in the CPI – fell, mainly due to depreciation. House prices used in its calculation were broadly unchanged this year, but increased last year.
Excluding mortgage interest payments (RPIX) was 2.1% in January, a fall from 2.5% the previous month.
(KMcA/SP)
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E.ON has today announced that it will increase its prices by 11.4% for electricity and 18.1% for gas, with dual fuel customers seeing a rise of 15.2%, effective from 13th September.
14 June 2005
Inflation remains steady at 1.9%
Consumer price inflation in the UK remained at 1.9% in May, the latest figures from the Office of National Statistics (ONS) have shown. The ONS said that a fall in petrol prices helped to offset price rises in food and air fares.
Inflation remains steady at 1.9%
Consumer price inflation in the UK remained at 1.9% in May, the latest figures from the Office of National Statistics (ONS) have shown. The ONS said that a fall in petrol prices helped to offset price rises in food and air fares.
30 April 2003
UK house prices stagnate
The latest house price survey has revealed that UK property prices were unchanged in April. The Nationwide building society’s latest figures put the average house price at just under £122,800, a clear sign that house price inflation has dipped dramatically.
UK house prices stagnate
The latest house price survey has revealed that UK property prices were unchanged in April. The Nationwide building society’s latest figures put the average house price at just under £122,800, a clear sign that house price inflation has dipped dramatically.
13 August 2007
House Prices Rise By 12% In June
UK annual house price inflation in June 2007 was 12.1%, up from 10.8% in May 2007. Annual house price inflation in London was 17.5% in June, up from 14.3% in May. The UK annual house price inflation rate for the 3 months to June was 11.3% and 15.1% in London. The UK house price inflation rate rose from 10.8% in May 2007 to 12.1% in June 2007.
House Prices Rise By 12% In June
UK annual house price inflation in June 2007 was 12.1%, up from 10.8% in May 2007. Annual house price inflation in London was 17.5% in June, up from 14.3% in May. The UK annual house price inflation rate for the 3 months to June was 11.3% and 15.1% in London. The UK house price inflation rate rose from 10.8% in May 2007 to 12.1% in June 2007.
01 September 2005
Fall in house prices reported
House prices fell by 0.2% in August, according to the latest figures from the Nationwide. The building society said that the rate of annual house price growth had fallen to 2.3%; it’s lowest level in nine years.
Fall in house prices reported
House prices fell by 0.2% in August, according to the latest figures from the Nationwide. The building society said that the rate of annual house price growth had fallen to 2.3%; it’s lowest level in nine years.
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Northern Ireland WeatherThis Evening and Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
