The Consumer Prices Index (CPI) rose 2.5 per cent on the previous year in March, down from the 2.7 per cent rise in the previous month, and the lowest rate since March 2017. This was below the consensus view of inflation remaining at the 2.7 per cent rise seen in the previous month and significantly below the Bank of England’s forecast of a 2.8 per cent rise. This is the first time since the second half of 2015 that inflation has fallen back for two consecutive months.Downward pressure was exerted by Clothing & Footwear, Alcoholic Beverages & Tobacco and Furniture & Household Equipment. This outweighed upward pressure from Recreation & Culture.
UK Retail Inflation Report
Retail Economics reports a range of retail inflation indices on a monthly basis. Subscribers have access to all data (analytical reports and interactive data) and category breakdowns including food inflation, non-food inflation, clothing and footwear, household goods, food, DIY and gardening, consumer electricals, commodity prices, exchange rates and more.
UK Retail Inflation - April 2018
Download this report with a free trial account.
The UK Retail Inflation report includes:
|Summary and economic overview|
|Consumer inflation by category|
|Prices, costs and margins|
|Comparison of inflation benchmarks|
|Producer and Factory Gate inflation|
|Summary of external retail sales sources including Office for National Statistics, British Retail Consortium, commodity prices, commodity benchmarks, exchange rates and more|