An upward contribution to inflation from air fares and a counter-balancing downward contribution from the price of motor fuels were the only contributions of note. The contribution from air fares occurred because prices, overall, fell at a slower rate between August and September this year than they did between the same two months a year ago.
The downward contribution from motor fuels was due to prices at the pump falling slightly between August and September this year compared with a rise in prices between the same two months a year ago. Petrol prices fell by 0.5 pence per litre between August and September this year, to stand at £1.37, compared with a rise of 3.9 pence per litre between the same two months a year ago.
Taking a longer term view, the three main contributors to the 12-month inflation rate in the last five years have been food and non-alcoholic beverages; housing, water, electricity, gas and other fuels; and transport (including motor fuels).