Consumer price inflation, UK: February 2022 + Labour response

Price indices percentage changes and weights for the different measures of consumer price inflation

Consumer price inflation, UK

Rachel Reeves MP, Labour's Shadow Chancellor of the Exchequer, responding to ONS figures released today showing CPI inflation at 6.2%, said:

"With inflation spiralling even further today, the choice before the Chancellor is clear.

"As he heads into his Spring Statement, he can either choose an unfair tax rise on working people and business at the worst possible time.

"Or he can cancel his tax rise, and ease the cost of living hitting families by cutting energy bills by up to £600 through bringing in a one-off windfall tax on oil and gas producer profits.

“Labour is on the side of working people. We will tax fairly, spend wisely and grow our economy."