Friday 17 October 2014

CPI Up By 1.2%

The Consumer Price Index (CPI) grew by 1.2% (128.3 - 128.4, 2005=100) over the year to September 2014, down from 1.5% in August according to the ONS. Falls in sea fares and air fares and recreational goods were mainly responsible for the fall.

Housing and household services accounted for a third of the rate of inflation and if falling food and fuel prices were excluded the rate would be a third higher.

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