Inflation: Data on both the CPI and RPI inflation indices.Jump to full report >>
The Consumer Prices Index (CPI) is the main measure of inflation. It is produced in line with international standards and is the measure used for the Bank of England’s 2% inflation target. The Retail Prices Index (RPI) is no longer classified as a National Statistics as the way it is calculated does not meet international standards. It is included here as it is well-known and is the longest running measure of inflation.
The CPI inflation rate was 0.3% in May, unchanged on April. The RPI inflation rate increased by 0.1% points to 1.4%.
The main contribution to the increase came through rises in transport costs, restaurant and hotel bills. The upwards pressures were partially offset by a fall in the price of food, clothing and games, toys and hobbies.