Inflation rate down

Consumer price inflation, UK: January 2019 – ONS

  • The Consumer Prices Index including owner occupiers’ housing costs 12-month inflation rate was 1.8% in January 2019, down from 2.0% in December 2018.
  • The largest downward contribution to the change in the 12-month rate came from electricity, gas and other fuels, with prices overall falling between December 2018 and January 2019 compared with price rises the same time a year ago.
  • These downward effects were partially offset by air fares, with prices falling between December 2018 and January 2019 by less than a year ago.
  • The Consumer Prices Index (CPI) 12-month rate was 1.8% in January 2019, down from 2.1% in December 2018.
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