United Kingdom: Consumer prices drop over September 2014
October 13, 2015
In September, consumer prices decreased 0.1% over the previous month, which contrasted August’s six-month high 0.2% increase. The figure reflected lower prices for food and non-alcoholic beverages.
Consumer prices in September dropped 0.1% over the same month of last year, which was below the flat reading recorded in August. September’s reading came in below the flat variation expected by the markets. Annual average inflation inched down from 0.4% in August to 0.3% in September, the lowest print on record.
Author: Dirina Mançellari, Senior Economist