This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.guardian.co.uk/news/datablog/2009/mar/09/inflation-economics
The article has changed 19 times. There is an RSS feed of changes available.
| Version 8 | Version 9 |
|---|---|
| UK inflation since 1948 | UK inflation since 1948 |
| (30 days later) | |
| How pay has fallen behind inflation | How pay has fallen behind inflation |
| UK inflation stood at 2.7% in October 2012, the Office for National Statistics (ONS) revealed today - up from 2.2% in September. | |
| What has brought the level of inflation up? The Office for National Statistics blames University Tuition Fees, which have gone up to £9,000: | |
| The CPI rose by 0.5 per cent between September and October this year compared with a rise of 0.1% a year ago. this is the joint largest (with 2007) increase in the CPI between these two months since records began in 1996. The CPI rose by 2.7% between October 2011 and October 2012 | |
| The ONS publish two measures of inflation. The consumer price index (CPI) measure of inflation which we have quoted above. In September last year, when the CPI stood at 5.2%, it had never been higher in recorded history. | The ONS publish two measures of inflation. The consumer price index (CPI) measure of inflation which we have quoted above. In September last year, when the CPI stood at 5.2%, it had never been higher in recorded history. |
| The second measure is the retail price index (RPI) which stands at 2.9% for August, down from 3.2% in July. We have also added in pay data - and you can see how inflation has been racing ahead of average earnings. Even with the falls today, people's wages are not increasing as fast as the cost of living. | The second measure is the retail price index (RPI) which stands at 2.9% for August, down from 3.2% in July. We have also added in pay data - and you can see how inflation has been racing ahead of average earnings. Even with the falls today, people's wages are not increasing as fast as the cost of living. |
| There are some important differences between the two ways the ONS measure inflation. The government prefers the consumer price index, which also includes services, housing, electricity, food, and transportation, but the retail price index covers more items. The RPI includes housing costs and is used for many pay negotiations and used to be used for pension payments. We've included both here - just click on the links on the spreadsheet. You can get the full list of items in the inflation basket here. | There are some important differences between the two ways the ONS measure inflation. The government prefers the consumer price index, which also includes services, housing, electricity, food, and transportation, but the retail price index covers more items. The RPI includes housing costs and is used for many pay negotiations and used to be used for pension payments. We've included both here - just click on the links on the spreadsheet. You can get the full list of items in the inflation basket here. |
| If tyou want to see how different elements of inflation have changed, check out this interactive data explorer from Timetric. | If tyou want to see how different elements of inflation have changed, check out this interactive data explorer from Timetric. |
| We have gathered all the data for inflation since June 1948. Let us know what you can do with this data. | We have gathered all the data for inflation since June 1948. Let us know what you can do with this data. |
| To find out more about how RPI and CPI differ, explore this set of interactive charts. The graphics show a breakdown of the different measures and components of inflation, and you can compare rates between countries. | To find out more about how RPI and CPI differ, explore this set of interactive charts. The graphics show a breakdown of the different measures and components of inflation, and you can compare rates between countries. |
Download the data | Download the data |
| DATA: UK inflation since the 1940s - CPI and RPI INTERACTIVE: how we visualised the data | DATA: UK inflation since the 1940s - CPI and RPI INTERACTIVE: how we visualised the data |
| More data | More data |
| More data journalism and data visualisations from the Guardian | More data journalism and data visualisations from the Guardian |
| World government data | World government data |
| • Search the world's government data with our gateway | • Search the world's government data with our gateway |
| Development and aid data | Development and aid data |
| • Search the world's global development data with our gateway | • Search the world's global development data with our gateway |
| Can you do something with this data? | Can you do something with this data? |
| • Flickr Please post your visualisations and mash-ups on our Flickr group • Contact us at data@guardian.co.uk | • Flickr Please post your visualisations and mash-ups on our Flickr group • Contact us at data@guardian.co.uk |
| • Get the A-Z of data • More at the Datastore directory • Follow us on Twitter • Like us on Facebook | • Get the A-Z of data • More at the Datastore directory • Follow us on Twitter • Like us on Facebook |