The Consumer Prices Index (CPI) was unchanged in the year to June 2015, that is, a 12-month rate of 0.0%, down from 0.1% in the year to May 2015. Falls in clothing and food prices were the main contributors to the change in the rate along with smaller rises in air fares than a year ago. There were no large upward effects to offset the change. CPIH (not a National Statistic) grew by 0.3% in the year to June 2015, down from 0.4% in May 2015. A brief description of Consumer Price Inflation Consumer price inflation is the speed at which the prices of goods and services bought by households rise or fall. Consumer price ... (full story)