Household spending rose 0.4% month-on-month on a current price, seasonally adjusted basis. In volume terms, the original estimate rose 1.4% compared to the same quarter last year.

The monthly CPI indicator rose 2.5% in the 12 months to December. The top contributors to the annual movement were Food and non-alcoholic beverages (+2.7%), Alcohol and tobacco (+5.8%), and Housing ...