The CPI rate of inflation rose by 1.8% the same amount as in June with the index at 110.9 compared with 111.0 in June. The RPI fell by 1.4% over the same period compared with a fall of 1.6% to June. The RPIX rose by 1.2% from 1.0% in June.
The largest contribution to the downward trend cam from food and non-alcoholic beverages. Meat prices are falling this year but were rising a year ago across a range of products. vegetables also contributed a large downward effect and bread and cereals a smaller effect. Other downward effects came from hotels and retaurants, particularly restaurants and cafes and especially take-aways and accomodation services. Housing and household services alse feature due to fuel costs. Within this grouping regular maintenance and repairs had an effect offsetting and upward effect from rents.
Recreation and culture provided the biggest upward contribution mainly games, toys and hobbies but with small effect from an increase in the prices of computer games and DVDs. Small price rises in alcoholic beverages andf tobacco also contributed a small increase.
Motoring expenditure made the biggest upward contribution to the RPI. Car prices rose this year compared to last and tax and insurance premiums also rose by more than last year. A large downward contribution from petrol and oil helped offset these effects where prices rose more slowly than last year. Other large downward contributions came from fuel and light, fares and other travel costs. Large upward contributions came from household goods, housing, household services and leisure goods.
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