Tuesday, 16 April 2013 10:47
Inflation remains unchanged at 0.8 per cent
CPI inflation was 2.8 per cent in March, unchanged from February's figure, according to the Office for National Statistics.
The largest upward contribution came from recreation and culture while the largest downward contributions came from furniture and furnishings, transport and alcohol and tobacco.
However, the ONS said the changes were "relatively small" compared with previous months.
Recreation and culture grew by 0.5 per cent compared to a fall of 0.1 per cent between the same period last year, particularly due to books, photography equipment and DVDs.
There was also a small upward contribution in miscellaneous goods and services from transport insurance.
{desktop}{/desktop}{mobile}{/mobile}
Furniture and furnishings grew by 0.8 per cent compared to a rise of 1.8 per cent last year, transport grew by 0.6 per cent compared to a 0.8 per cent rise last year and alcohol and tobacco fell by 0.5 per cent compared with a rise of 0.2 per cent a year ago.
CPIH, a new measure which includes the cost of owner occupier housing, was also unchanged at 2.6 per cent.
RPI, which includes mortgage payments, was 3.3 per cent, up from 3.2 per cent in February.
The figures for April 2013 will be released on 21 May.
• Want to receive a free weekly summary of the best news stories from our website? Just go to home page and submit your name and email address. If you are already logged in you will need to log out to see the e-newsletter sign up. You can then log in again.
The largest upward contribution came from recreation and culture while the largest downward contributions came from furniture and furnishings, transport and alcohol and tobacco.
However, the ONS said the changes were "relatively small" compared with previous months.
Recreation and culture grew by 0.5 per cent compared to a fall of 0.1 per cent between the same period last year, particularly due to books, photography equipment and DVDs.
There was also a small upward contribution in miscellaneous goods and services from transport insurance.
{desktop}{/desktop}{mobile}{/mobile}
Furniture and furnishings grew by 0.8 per cent compared to a rise of 1.8 per cent last year, transport grew by 0.6 per cent compared to a 0.8 per cent rise last year and alcohol and tobacco fell by 0.5 per cent compared with a rise of 0.2 per cent a year ago.
CPIH, a new measure which includes the cost of owner occupier housing, was also unchanged at 2.6 per cent.
RPI, which includes mortgage payments, was 3.3 per cent, up from 3.2 per cent in February.
The figures for April 2013 will be released on 21 May.
• Want to receive a free weekly summary of the best news stories from our website? Just go to home page and submit your name and email address. If you are already logged in you will need to log out to see the e-newsletter sign up. You can then log in again.
This page is available to subscribers. Click here to sign in or get access.