What was the inflation rate in September 2012?

This gives a general inflation rate by an annual average of 7.1% during the month of September 2012….Consumer Price Index (CPI) – September 2012.

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What was the CPI in 2012?

1.7 percent
The CPI rose 1.7 percent in 2012 after a 3.0 percent increase in 2011. This was the third smallest December-December increase of the past ten years and compares to a 2.4 percent average annual increase over the span.

What was the UK RPI in September 2018?

Historical Data

Date Value
October 31, 2018 284.50
September 30, 2018 284.10
August 31, 2018 284.20
July 31, 2018 281.70

What is RPI vs CPI?

CPI vs RPI Head to Head Differences CPI measures the weighted average prices of the basket of goods and services consumed by households. RPI is a measure of consumer inflation which considers the changes in the retail prices of a basket of goods and services.

What was the CPI in 2010?

Over the last 12 months, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.5 percent before seasonal adjustment. The rate of increase in the CPI slowed in 2010, as the December-to-December increase fell from 2.7 percent in 2009 to 1.5 percent in 2010.

What was the CPI in 1990 what was the CPI in 2010?

a) The CPI in 1990 was 131, and the CPI in 2010 was 218.

What is the RPI rate for 2020 UK?

Forecasted inflation rate of the Retail Price Index in the United Kingdom from 2021 to 2025

Characteristic Outturn Forecast
2021 2.5%
2020 1.5%
2019 2.6%
2018 3.3%

Why was RPI so high in 1975?

Central bank policy, the abandonment of the gold window, Keynesian economic policy, and market psychology all contributed to this decade of high inflation.

Should I use RPI or CPI?

Experts argue RPI is not fit for purpose, with a newer measure of inflation, called CPIH deemed to be more useful. This will likely come into effect in February 2030. UP: RPI is typically higher than CPIH, which means that some prices that go up each year in line with RPI, like train fares, won’t go up by as much.

What is current RPI rate 2020?

The published RPI annual growth rate for April 2020 was 1.5%. If the index were to be recalculated using the correct interest rate, it would reduce the RPI annual growth rate by 0.1 percentage points to 1.4%.