Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

CPI to take in cost of homeowning

 

Friday 02 November 2012 23:00 GMT
Comments

Your support helps us to tell the story

This election is still a dead heat, according to most polls. In a fight with such wafer-thin margins, we need reporters on the ground talking to the people Trump and Harris are courting. Your support allows us to keep sending journalists to the story.

The Independent is trusted by 27 million Americans from across the entire political spectrum every month. Unlike many other quality news outlets, we choose not to lock you out of our reporting and analysis with paywalls. But quality journalism must still be paid for.

Help us keep bring these critical stories to light. Your support makes all the difference.

The cost of owning and upkeeping a home will be taken into account in official inflation figures for the first time next March when the Office for National Statistics launches a new version of the Consumer Prices Index benchmark of the cost of living. Owner-occupier costs will be based on rental prices, which are already included in the CPI, to create the new CPIH benchmark. Changes in house prices remain excluded from the CPI, which stood at 2.2 per cent in September.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in