MoneySavingExpert.com homepage
Cutting your costs, fighting your corner
Founder, Martin Lewis · Editor-in-Chief, Marcus Herbert
Search bar closed.
MSE News

Inflation pushed up by rising fuel bills

stock_market_rise
Press Association
Press Association
Editor
15 January 2013

Inflation rose to 3.1% last month, largely due to rising energy bills, the Office of National Statistics (ONS) announced today.

The Retail Prices Index (RPI) measure of inflation, which includes housing costs, rose to 3.1% in December, from 3% in November.

Meanwhile the Consumer Prices Index (CPI) rate of inflation remained unchanged in December, at 2.7%, for the third month in a row.

Price increases from four of the big six energy suppliers came into effect last month, dampening the impact of a fall in energy costs.

Housing and household costs, including gas and electricity, rose by 2% between November and December.

But the rate of transport cost increases declined. Petrol prices fell by 2.8p per litre between November and December, compared with a fall of 1.1p a year earlier. Diesel prices fell by 1.4p per litre, compared with a year ago, the ONS says.

MSE Forum

Inflation rises

Forum image
MSE Email icon 26 November 2024

For all the latest deals, guides and loopholes simply sign up today - it’s spam free!

Cheap telecoms deals
Broadband, Sims & mobiles
Longest definite 0% debt shift
29 months
Martin: Aged 66+ and ill/disabled?
See if you're due £3,800 a year
Free letters from Santa
See full info
Fix energy at 9%
LESS than new Price Cap
Energy standing charges cut?
Read Martin's new blog
The Scams Epidemic
Martin's podcast special
Tools and calculators

Clever ways to calculate your finances

Find your odds of getting top cards
Find your odds for getting a cheap loan
Compare broadband, phone & TV deals
Compares thousands of mortgages
Eight calcs to help you work out the cost
We ensure you’re on the cheapest tariff