Price collection from shops in various locations around the country (commonly referred to as the “local” collection), which is contracted to an external company called TNS.The data used in the compilation of CPIH and CPI can be categorised as follows: A variety of different data sources are used for this purpose. Price and expenditure data are required for each of the approximately 700 items in the “basket” of goods and services. The construction of CPIH and CPI is complex. We have now implemented all of the improvements, and are seeking re-designation for CPIH as a National Statistic. It was launched in 2013, but was subsequently de-designated as a National Statistic following the identification of required improvements to the methodology. There are a range of consumer price inflation measures in use in the UK notably the Consumer Prices Index including owner occupiers’ housing costs (CPIH), and the Consumer Prices Index (CPI), which omits these housing costs.ĬPIH is the first measure of inflation in our Consumer Price statistics bulletin.
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