Essential reading for retailers and suppliers in the home improvement market

Inflation hits 5.2%

Published: 18 October 2011
The rate of inflation in the UK rose to 5.2% in September, up from 4.5% in August, the Office for National Statistics announced this morning.
Inflation hits 5.2%
The rate is based on the Consumer Prices Index and is the highest measure since September 2008.

The Retail Price Index annual rate also increased to 5.6%, up from 5.2% in August, reaching its highest level in 20 years.

Small downward effects on the CPI rate came from furniture, household equipment and maintenance, with prices of furniture, furnishings and carpets rising 1.4% on the month before, after an increase of 2.8% in September last year, and household textiles and small electrical goods prices rising by 1.5%, compared with a 3.2% increase in September 2010.

The main downward contributions came from carpets, ready-made curtains and kitchen furniture.

This effect was partially offset by tools and equipment for the house and garden, where prices went up by 2.2% compared with the month before, after dropping 0.2% in September last year. Prices of glassware, tableware and household utensils also rose by 1.4% month-on-month.

The 5.2% CPI inflation rate is well ahead of the Bank of England's target rate of 2%.

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