The difference between CPI and RPI How is CPI used? The consumer prices index (CPI) rate increased to 3% in the year to January 2025, up from 2.5% in December, according to the Office for National Statistics (ONS). Transport costs, such as fuel prices and air fares, contributed to the...
unchanged from the previous month. The inflation rate fell noticeably after the COVID-19 pandemic, but rose sharply between Spring 2021 and Autumn 2022. After peaking at 9.6 percent in October 2022, CPIH inflation declined throughout 2023 and into 2024, falling to 2.6 percent by September of ...