Blog by author

Dixon, H's picture

Prof Huw Dixon

Posted: 15 July, 2020 - 11:58

The CPILW for June 2020 is 1.1%, unchanged from 1.1% in May. This is 0.3% above the official CPIH of 0.8% and indicates that the official inflation measure CPIH understates inflation.

Dixon, H's picture

Prof Huw Dixon

Posted: 17 June, 2020 - 15:31

The CPILW for May 2020 is 1.1%, a slight fall from 1.2% in April. It is 0.4% above the official CPIH and indicates that the official inflation measure CPIH understates inflation.

Dixon, H's picture

Prof Huw Dixon

Posted: 8 May, 2020 - 15:28

The ONS intends to alter the way it computes the CPIH index in response to the CV19 Lockdown and social distancing (ONS 2020).  Partly this has to do with the collection of prices: partly with the calculation itself.  Indeed in yesterday’s published minutes of the MPC, the problems of the scope of collection and the availability of certain price series was highlighted