United Kingdom: Consumer prices remain unchanged over August 2014
September 15, 2015
In August, consumer prices increased 0.2% over the previous month, which contrasted the 0.2% drop seen in the previous month and marked a six-month high. The figure reflected higher prices for food and non-alcoholic beverages as well as for furniture.
Inflation inched down from 0.1% in July to a flat figure in August. August’s reading met market expectations. Annual average inflation inched down from 0.5% in July to 0.4% in August, the lowest print on record.
Author: Dirina Mançellari, Senior Economist