UK Statistics
Statistical bulletin: Consumer Price Inflation, July 2014
Part of Consumer Price Inflation, July 2014 Release
Released: 19 August 2014 – Download PDF
Contents
Abstract
- The Consumer Prices Index (CPI) grew by 1.6% in the year to July 2014, down from 1.9% in June.
- Falls in clothing prices provided the largest contribution to the fall in the rate. Other large downward effects came from the alcohol, financial services and food product groups.
- The largest, partially offsetting, upward effect came from the transport group.
- CPIH (not a National Statistic) grew by 1.5% in the year to July 2014, down from 1.8% in June. RPIJ grew by 1.8%, down from 2.0% in June.
- The National Statistics status of CPIH has been discontinued pending work by ONS to investigate and improve the method for measuring owner occupiers’ housing costs in this index. Full details can be found on the UK Statistics Authority website and an explanatory note on the ONS website.
Source: Office for National Statistics licensed under the Open Government Licence v.1.0.