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UK Consumer Price Inflation, July 2013
•The Consumer Prices Index (CPI) grew by 2.8% in the year to July 2013, down from 2.9% in June. •The largest contributions to the fall in the rate came from air fares, plus price movements in the recreation & culture, and clothing & footwear sectors. A rise in petrol and diesel prices partially offset the fall. •The other main inflation measures moved in a similar fashion to the CPI. CPIH grew by 2.5% down from 2.7%, RPIJ grew by 2.6% down from 2.7%, and RPI (not a National Statistic) grew by 3.1% down from 3.3%. •These latest numbers continue the trend of broadly steady inflation seen since spring 2012. ... (full story)
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