House of Commons Library

Inflation: Key Economic Indicators

Published Friday, May 20, 2016

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 April, 0.2% points lower than March. The RPI inflation rate increased by 0.3% points to 1.6%.

The main contribution to the increase came through rises in air fares and clothing prices. The upward pressures were partially offset by a fall in food prices and a smaller rise petrol prices than a year ago.  


Commons Briefing papers SN02792

Author: Dominic Webb

Topics: Economic policy, Economic situation

Share this page

Stay up to date

  • Subscribe to RSS feed Subscribe to Email alerts Commons Briefing papers

House of Commons Library

The House of Commons Library provides research, analysis and information services for MPs and their staff.