Consumer Price Index (United Kingdom)

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Economists have highlighted that the United Kingdom inflation has slowed down to 2.5pc in August 2012 despite the rising costs of fuel! The Office of National Statistics has voiced out that the furniture and gas prices have contributed partly to this fall. Meanwhile, the Retail Prices Index has fallen from 2.9% to 3.2% in July 2012. Experts have mentioned that the Retail Price Index inflation measure includes housing costs. The Office for National Statistics have also mentioned that the particular rise in the price of clothing has also added to the fall in the rate of inflation. Notably, in September 2011, the consumer price inflation was 5.2 pc...