U.K. Annual Inflation Down to 2.2 percent in September


U.K. CPI annual inflation stands at 2.2 percent in September, down from 2.5 percent in August.

This is the slowest rate of inflation since November 2009, when it was 1.9 percent. The majority of the downward pressure to the change in the CPI came from the housing & household services sector with September 2011’s utility bill rises falling out of the index calculation.

The majority of the downward pressure to the change in the CPI came from the housing & household services sector with September 2011’s utility bill rises falling out of the index calculation. There were significant upward pressures from the transport (predominantly motor fuels), recreation & culture and miscellaneous goods & services sectors

The CPI stands at 123.5 in September 2012 based on 2005=100


TradingEconomics.com, ONS
10/16/2012 10:00:13 AM