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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

March 22, 2023

UK Consumer Price Index including owner-occupiers' housing costs (CPIH) increased 9.2% year-over-year in February 2023, up from 8.8% in January 2023. 

The largest upward contributions to the monthly change in both the CPIH and CPI rates came from restaurants and cafes, food, and clothing, partially offset by downward contributions from recreational and cultural goods and services (particularly recording media), and motor fuels.

The rise in CPIH rate has come from an upward contribution to the change from food, alcoholic beverages and tobacco.

Year-over-year growth in the UK Consumer Price Index (CPI) was 10.4% in February 2023, up from 10.1% in January 2023.


Sources: United Kingdom Office for National Statistics Statistical bulletin

Statistics Canada.  Table  18-10-0004-01   Consumer Price Index, monthly, not seasonally adjusted

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