•The Consumer Prices Index (CPI) grew by 0.5% in the year to December 2014, down from 1.0% in November. •The main contributions to the fall came from the December 2013 gas and electricity price rises falling out of the calculation and the continuing drop in motor fuel prices. •CPIH (not a National Statistic) grew by 0.6% in the year to December 2014, down from 1.0% in November. (full story)