Friday, 20 July 2012

Inflation Falls For Fourth Month In A Row

The CPI annual inflation fell 0.4% from 2.8% in May to 2.4% in June 2012 according to data from the ONS. The index has fallen for three consecutive months. It at its lowest since November 2009 when it stood at 1.9%.

Clothing and footwear, transport and food and non-alcoholic beverages made the most difference downwards. Upward pressure came from recreation and culture.

RPI stands at 2.8% in June down from 3.1% in May.

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