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.

Easter Sees CPI Rise To 1.8%

The consumer prices index (CPI) grew by 0.2% to 1.8% over the year to April 2014 according to a statistical bulletin from the ONS. The CPI was 1.6% in March. The increase was mainly due to increases in airfares, sea fares and motor fuels probably as a result of the Easter holidays. These travelling costs were the main contributor to the overall increase in the CPI.