Key statistics: • The monthly CPI indicator rose 3.4% in the 12 months to January. • The most significant price rises were Housing (+4.6%), Food and non-alcoholic beverages (+4.4%), Alcohol and tobacco (+6.7%) and Insurance and financial services (+8.2%). What's new this month: Annual weight update of the CPI: A comprehensive update to the weights for the monthly CPI indicator has been implemented in January 2024 to ensure the weights used in the CPI basket reflect contemporary household spending patterns. The updated 2024 CPI weighting patterns can be found in Annual weight update of the CPI and Living Cost Indexes. ... (full story)