The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 6.3% in the 12 months to August 2023, down from 6.4% in July. On a monthly basis, CPIH rose by 0.4% in August 2023, compared with a rise of 0.5% in August 2022. The Consumer Prices Index (CPI) rose by 6.7% in the 12 months to August 2023, down from 6.8% in July. On a monthly basis, CPI rose by 0.3% in August 2023, compared with a rise of 0.5% in August 2022. The largest downward contributions to the monthly change in both CPIH and CPI annual rates came from food, where prices rose by less in August 2023 than a year ago, and ... (full story)