Economy UK consumer price inflation: Jan 2017
The Consumer Prices Index (CPI) rose by 1.8% in the year to January 2017, compared with a 1.6% rise in the year to December 2016.
The rate in January 2017 was the highest since June 2014.
The main contributors to the increase in the rate were rising prices for motor fuels and to a lesser extent food prices, which were unchanged between December 2016 and January 2017, having fallen a year ago. UK producer price inflation: Jan 2017
Both the annual and monthly rate of producer price inflation increased in January 2017.
Factory gate prices (output prices) rose 3.5% on the year to January 2017, which is the seventh consecutive period of annual price increases and the highest they have been since December 2011.
Prices for materials and fuels paid by UK manufacturers for processing (input prices) rose 20.5% on the year, which is the fastest rate of annual growth since September 2008. Our Producer Price Inflation bulletin has changed format. Please give us your feedback in our short survey. UK house price index: Dec 2016 Average house prices in the UK have increased by 7.2% in the year to December 2016 (up from 6.1% in the year to November 2016), continuing the strong growth seen since the end of 2013. However, annual growth has been weaker in the second half of 2016 compared with the first half of the year. The average UK house price was £220,000 in December 2016. This is £15,000 higher than in December 2015 and £3,000 higher than last month. Prices economic commentary: Feb 2017 Additional economic analysis of the latest CPI, PPI, HPI and IPHRP headline statistics and long-term trends. Commenting on today's inflation figures, ONS Head of Inflation Mike Prestwood said:  Our Producer Price Inflation bulletin out today has changed format. Please give us your feedback in our short survey. We've also changed the format to our UK Trade bulletin and our Index of Production bulletin. Let us know what you think. Take part in our quick card sort - tell us what you need to know before downloading our datasets. | 
Posts
No comments:
Post a Comment