December 2011 inflation data

UK Consumer Prices Index inflation fell in the year to December 2011 to 4.2%. The Retail Prices Index (typically used in wage negotiations) stood at 4.8%. The detailed figures are as follows:

• The headline rate of inflation in December 2011 was 4.8% (down from the previous month’s 5.2%)
• The RPI for December was 239.4
• The underlying rate of inflation in December 2011 was 5.0% (down from the previous month’s 5.3%)
• The Consumer Prices Index for December 2011 is 121.7, giving a percentage increase over the last 12 months of 4.2% (down from the previous month’s 4.8%)

See also Rates and Tables; the ONS Statistical Bulletin and the IDS Eye comment....