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CPI stands at 2.7 per cent, unchanged for fourth month

Stability in price levels.

Inflation. Photograph: Getty Images

The ONS has released the latest inflation figures for January:

  • The Consumer Prices Index (CPI) annual inflation grew by 2.7% in January 2013, unchanged for the fourth month in a row. This is the longest period for which CPI growth has remained unchanged.
  • The largest upward pressures came from alcohol (with prices recovering after Christmas sales) and air fares.
  • Miscellaneous goods & services and clothing provided the largest downward pressures.
  • The Retail Prices Index (RPI) annual inflation stands at 3.3% in January 2013, up from 3.1% in December.

CPI 12-month percentage change