Tuesday, February 12, 2008
CPI 2.2%, RPI 4.1%
Posted by David Smith at 10:00 AM
Category: Thoughts and responses

Consumer price inflation rose only slightly, to 2.2%, from 2.1% in December. After yesterday's producer price numbers, something a lot worse might have been expected, so the figures came as something of a relief. RPI inflation also rose, from 4% to 4.1%. RPIX inflation, the old target measure, increased from 3.1% to 3.4%, close to the point where it would have triggered a letter from the governor in the old days. More details here.

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