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Consumer price inflation, UK: August 2020

From ons.gov.uk

The Consumer Prices Index including owner occupiers' housing costs (CPIH) 12-month inflation rate was 0.5% in August 2020, down from 1.1% in July 2020. The largest contribution to the CPIH 12-month inflation rate in August 2020 came from recreation and culture (0.35 percentage points). Falling prices in restaurants and cafes, arising from the Eat Out to Help Out Scheme, resulted in the largest downward contribution (0.44 percentage points) to the change in the CPIH 12-month inflation rate between July and August 2020. Other smaller downward contributions came from falling air fares and clothing prices rising by less ... (full story)

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