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12/11/2013
Inflation At Lowest In Over A Year
The inflation rate in the UK fell to 2.2% in October, down from 2.7%.
The inflation rate, as measured by the consumer price index (CPI), now stands at its lowest rate since September 2012. It is understood that fall will also ease the pressure on the Bank of England to raise interest rates.
The fall, which was greater that the figure predicted, is due to "the biggest drop in transport prices since July 2009, according to the Office for National Statistics.
The ONS say that between September and October, prices fell by 1.5%.
Other inflation falls include a reduction in education costs and and a drop of 0.3% in food inflation.
(MH/CD)
The inflation rate, as measured by the consumer price index (CPI), now stands at its lowest rate since September 2012. It is understood that fall will also ease the pressure on the Bank of England to raise interest rates.
The fall, which was greater that the figure predicted, is due to "the biggest drop in transport prices since July 2009, according to the Office for National Statistics.
The ONS say that between September and October, prices fell by 1.5%.
Other inflation falls include a reduction in education costs and and a drop of 0.3% in food inflation.
(MH/CD)
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12 October 2004
Drop in cost of travelling drives inflation rate down
Inflation fell by 0.2% to 1.3% in September due in part to reductions in the cost of transport services, the Office of National Statistics (ONS) has said. The ONS said that the seasonal price drop in both air and sea fares from high summer levels drove inflation down as, in both cases, the reductions were greater than last year's.
Drop in cost of travelling drives inflation rate down
Inflation fell by 0.2% to 1.3% in September due in part to reductions in the cost of transport services, the Office of National Statistics (ONS) has said. The ONS said that the seasonal price drop in both air and sea fares from high summer levels drove inflation down as, in both cases, the reductions were greater than last year's.
12 September 2005
House price rise slowdown continues
Annual house price inflation in July was 4%, down from 5% in June according to figures released today by the Deputy Prime Minister's office. This drop in the growth of house prices pushed the annual house price inflation in London down to 0.9% in July 2005, a fall from the from 1.7% figure in June 2005.
House price rise slowdown continues
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13 June 2005
House price inflation declines
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House price inflation declines
Annual house price inflation dropped to 6.9% in April, a sharp fall from 12.6% in March, according to the latest figures from the Office of the Deputy Prime Minister (ODPM). The ODPM also reported a fall in mix-adjusted prices of 0.8% between March and April, which contrasted sharply with the 4.5% rise during the same period in 2004.
12 April 2005
UK house prices fall, report shows
UK house prices fell by 0.5% between January and February, figures from the Office of the Deputy Prime Minister (ODPM) have shown. The drop in prices, which saw the average house price in the UK in February fall to £179,491 from £180,465 in January, is smaller than the 1% fall reported in the same period last year.
UK house prices fall, report shows
UK house prices fell by 0.5% between January and February, figures from the Office of the Deputy Prime Minister (ODPM) have shown. The drop in prices, which saw the average house price in the UK in February fall to £179,491 from £180,465 in January, is smaller than the 1% fall reported in the same period last year.
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Northern Ireland WeatherThis Evening and Tonight:Dry with clear skies this evening. Patchy cloud will increase at times overnight, but some clear spells too. Light winds and some patchy shallow mist or fog towards dawn. Minimum temperature 2 °C.
