If you need more information on how your bill works, check out our understanding your bill webpage. The RPI is a measure of inflation. The figure is based on hundreds of items we spend money on, and it tracks changes in the cost of these items over time. It combines around , price quotes for over representative items in different areas across the UK.
This is known as the 'basket of goods' and is regularly updated to reflect changes in the things we buy. Examples include food, drinks, clothing, cinema tickets, furniture, cars, public transport, holidays, telecoms, electricity and water. The annual rate of inflation shows how much higher or lower prices are compared with the same month a year earlier. We compare this to the annual change recorded in the previous month to get an idea of whether price rises are getting bigger or smaller.
For further information, including RPI figures and publication dates, go to www. How does RPI affect my iD plan? How have you calculated the rate of increase on my plan? What if I have a discount on my monthly plan? What happens if I upgrade to another plan? The RPI for the 12 months to May remained at 3. Downward pressure came from recreational and cultural goods, food and motor vehicles, while upward pressure came from motor fuels and clothing.
The RPI for the 12 months to March , fell slightly, from 2. Downward pressure over the month period came largely from clothing and footwear, while upward pressure came from a variety of sources, including rising food prices, alcohol and tobacco prices, and recreational goods. The RPI for the 12 months to February remained unchanged at 2. Downward pressure over the month period came largely from electricity, gas and other fuel prices, while upward pressure came from a variety of sources, especially air fairs.
The RPI for the 12 months to January also fell, from 2. Downward pressure over the month period came from lower petrol and air fare prices. Upward pressure came from a variety of sources, including mobile phone charges and accommodation services.
The RPI for the 12 months to September also fell, to 2. Downward pressure came from food and non-alcoholic drinks, transport services, recreation and culture. Upward pressure came gas and electricity prices. The RPI for the 12 months to September also fell, to 3. Upward pressure came from recreational and cultural goods and services, transport services and clothing. Downward pressure came furniture and household goods, and telecommunications.
Upward pressure came from increases in motor fuel prices, and domestic gas and electricity. Downward pressure came from the prices of games and clothing. Upward pressure came from increases in motor fuel prices, and in air and sea fares.
Downward pressure came from the prices of games, domestic electricity, food and furniture. This is now the lowest rate since January This is now the lowest rate for a year. Downward pressure came from motor fuels while upward pressure came from recreational goods and services prices, including admissions to attractions.
Downward pressure came from transport costs, food prices, and accommodation services, while upward pressure came from several sources, including footwear prices.
The relative strength of sterling largely explains the downward pressure on imported cost-push inflation. Downward pressure came from lower air fares and recreational goods, including toys and games, while upward pressure came from rising tobacco prices, which reflected the Autumn budget duty increases, and increased petrol prices.
Rising prices of food and non-alcoholic beverages — up by 4. Rising prices of food, transportation, and recreational goods were the main contributors to the increase between August and September. There was downward pressure on a range of goods and services which partly offset the overall upward pressure. The RPI, which is widely used as a cost of living index, remained steady on 3. As previously noted, this is significant in that the RPI is widely used to upgrade tax allowances, pensions, state benefits, and student loans.
The RPI is also used as a basis to calculate price increases in many sectors, including energy and transport prices. More: on inflation. The upward pressure on prices is now widely expected to lead to a rate rise. The Bank of England expects inflation to peak in October , falling back towards it target thereafter. Much depends, of course, on how sterling performs in the face of continued Brexit uncertainty.
Rising prices of clothing, footwear and motor fuels were the main contributors to the increase between July and August. Over the year, rising household costs, Council Tax and electricity prices were the main contributors to consumer price inflation. The RPI, which is widely used as a cost of living index, also rose — to 3. In contrast, the RPI, which is widely used as a cost of living index, rose to 3. This is significant in that the RPI is widely used to upgrade tax allowances, pensions, state benefits, and student loans.
This is the first fall in the inflation rate since April Falling motor fuel prices, and several recreational and cultural goods and services also contributed to the fall. Rising prices of furniture and furnishings partly offset the impact of falling these falls. The RPI also fell, down to 3. This is the highest rate since April Rising prices of games, toys and hobby related goods, along with higher electricity and food prices contributed most to the rise. This page includes the latest Guernsey inflation rates, which are published quarterly by the Data and Analysis team, along with access to further related information.
The inflation rates are based on the price changes of a 'shopping basket' of items. The shopping basket and weights are periodically adjusted based on the results of household expenditure surveys. See the provisional release date list [kb] to find out when the next update of these figures is due. To find out how Data and Analysis process your personal data if you sign up for notifications or in the production of national statistics you can read our Fair Processing Notice [kb].
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