Economy This article sets out the impact of implementing an improvement in the Consumer Prices Index including owner occupiers' housing costs (CPIH; the lead measure of inflation in the UK), the Consumer Prices Index (CPI) and their supplementary indices. This change is planned for February's indices in 2018 and is designed to improve the representativeness of price movements of volatile items (specifically fruit and vegetables) in the CPIH and CPI baskets by including additional price quotes collected over more than one working week. As the CPI is identical to the Harmonised Index of Consumer Prices (HICP), this improvement will also help us to better meet EU regulations. This change will not be applied to the Retail Prices Index (RPI). Do you have a question about ONS or ONS statistics? From today, our Facebook and Twitter accounts are official customer contact channels where we encourage you to get in touch with us with any general statistical queries you may have. This is following a gradual increase of people asking us questions directly on social media and will help us to ensure we are responsive and quick to engage and help our users online. The channels are monitored by our Customer Contact Centre 9am to 4pm Monday to Friday. Follow our official accounts on Twitter and Facebook. We look forward to hearing from you! |
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