United Kingdom Inflation

United Kingdom

United Kingdom: Inflation drops to lowest level in almost three years

October 16, 2012

In September, consumer prices added 0.4% over the previous month, which was a notch below the 0.5% rise recorded in August but just in line with market expectations. Higher prices for clothing and footwear were the main driver behind the monthly increase. In contrast, transport prices dropped markedly over August amid lower air fares, which the Office for National Statistics stated that was "usually the case [


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United Kingdom Inflation September 2012

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: Office for National Statistics (ONS).


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