16 January 2001, 12:36  UK December retail price index-OVERVIEW and SNAPSHOTS

--UK Dec RPIX up 0.1% on mo; up 2.0% on yr
--UK Dec RPI up 0.1% on mo; up 2.9% on yr
--UK Dec RPIY up 0.1% on mo; up 1.7% on yr
--UK Dec RPIX just below market expectations
--UK Dec service sector inflation up 3.2% on yr; goods up 0.5%
--UK Dec tax & price index up 2.9% on year
--Main down effects on UK Dec RPI housing, motoring costs
--ONS: UK petrol prices cut 0.19 pct pts from annual UK Dec RPI
--ONS: UK housing costs cut 0.11 pct pts from annual UK Dec RPI
--UK 2000 RPIX averaged 2.1% vs 2.3% in 1999, lowest since 1976
--ONS: UK household services cut 0.05 pct pts from Dec RPI
By BridgeNews
London--Jan. 16--The annual rate of U.K. underlying RPIX inflation fell again in December, mainly because of the effect of cheaper petrol prices, according to figures published Tuesday by the Office for National Statistics.
RPIX, which excludes mortgage interest payments, rose 0.1% on the month and 2.0% on the year, compared with an annual rate of 2.2% in November and forecasts for a rise of around 2.1%. It has now been below the Bank of England's 2.5% target for 21 months in a row.
* * * The ONS said RPIX averaged 2.1% in 2000, compared with 2.3% in 1999. This was the lowest annual rate since the series began 1976. There was a long list of other long-time records in 2000 that all confirmed how competitive the retail sector had been throughout the year.
Headline RPI rose 0.1% on the month and 2.9% on the year, the lowest annual rate since March 2000. RPIY, which excludes mortgage interest payments and indirect taxation, also rose 0.1% on the month and 1.7% on the year.

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