Annual RPI ended 2013 at 2.7% – having remained pretty static since falling under 3% in October. This after spending the prior 9 months (from January through to September ) at 3% to 3.5%.
Of the other commodities tracked; beef, fish and cereals all suffered a mini upward blip in price increases during November before tailing off in December. Dairy, meanwhile, dipped in November whilst pork fell sharply to finish the year down -1.2%.
Food and catering RPI has fallen steadily over the last quarter from 3.6% in September down to 2.1% in December.