Friday, 21 September 2012

CPI Down To 2.5% In August

The Consumer Price Index (CPI) fell to 2.5% in August 2012 from 2.6% in July according to a statistical bulletin from the Office for National Statistics (ONS). The main pressure pushing the index down came from furniture, household equipment & maintenance, housing & household services (particularly domestic gas) and clothing & footwear. The downward pressure from these sectors was partially offset by upward pressure from transport (particularly motor fuels).

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