Mixed signals on UK inflation rate as one measure falls whilst another rises

The two official measures of inflation in the UK have moved in opposite directions according to the latest statistics from the Office for National Statistics (ONS). The Consumer Prices Index (CPI) rose slightly in March to 3.5% from 3.4% in February, however the Retail Prices Index (RPI) fell to 3.6% from 3.7% in the previous month. Consumer Prices Index Inflation Watch See accounts currently beating inflation Click here for accounts The small rise in the rate of CPI inflation was ...