UK Inflation Data
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Retail Price and Consumer Price Inflation in the UK
Annual percentage change in the retail price index and CPI
5.5
5.5
5.0
5.0
4.5
4.5
4.0
4.0
All items retail price index (RPI)
Percent
3.5
3.5
3.0
3.0
2.5
2.5
2.0
2.0
1.5
1.5
1.0
1.0
Consumer price index
0.5
0.5
97
98
99
00
01
02
03
04
05
06
07
08
Source: UK Statistics Commission
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Consumer Price Inflation for Goods and Services
Annual Percentage Change, source: ONS
6
6
Inflation in Services
Percent
5
5
4
4
3
3
Goods and Services Together
2
2
1
1
0
0
-1
-1
Inflation in Goods
-2
-2
-3
-3
99
00
01
02
03
04
05
06
07
08
Source: Reuters EcoWin
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UK Inflation and Crude Oil Prices
USD/Barrel
Annual percentage change in the Consumer Price Index and monthly average for Brent Crude
140
140
120
120
100
100
80
60
60
40
40
20
20
0
0
5.0
5.0
4.5
4.5
4.0
Percent
80
Crude Oil Price
4.0
Consumer Price Inflation
3.5
3.5
3.0
3.0
2.5
2.5
2.0
2.0
1.5
1.5
1.0
1.0
0.5
0.5
00
01
02
03
04
05
06
07
08
Source: UK Statistics Commission and IPE
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Inflation Expectations
Percent
Bank of England/NOP, how do you expect prices to change over the next 12 months?
5.5
5.5
5.0
5.0
4.5
4.5
4.0
4.0
3.5
3.5
3.0
3.0
2.5
2.5
2.0
2.0
1.5
1.5
Q4
99
Q2
Q4
Q2
Q4
Q2
Q4
Q2
Q4
Q2
Q4
00
01
02
03
04
How do you expect prices to change over the next 12 months?
How has prices changed over the past 12 months?
Q2
Q4
05
Q2
Q4
06
Q2
Q4
07
Q2
08
Source: Bank of England
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