UK inflation rises

Consumer Price Inflation, October 2014

  • The Consumer Prices Index (CPI) grew by 1.3% in the year to October 2014, up from 1.2% in September.
  • Smaller falls in transport costs than a year ago – notably for motor fuels and air fares, and price rises for computer games were the main contributors to the rise in the rate of inflation.
  • Food and motor fuel prices, which have historically been upward contributors to the 12-month CPI rate, are currently reducing it by 0.3 percentage points.

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