Thursday, February 19, 2015

Core Inflation Unchanged

The overall annual CPI inflation rate dipped down to –0.6% in January but the ‘core’ rate (excluding energy products and mortgage interest) was largely unchanged (0.8% in December versus 0.9% in January).  This was the result of the new inclusion of water and sewage charges to the CPI which added 0.4pp to the annual rate in January.

Inflation Jan 15

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