Article preview: Price inflation is back in the news, with the latest official figures showing an unexpected fall. With an uncertain outlook for the British economy, and Brexit still looming large as Tory leadership hopefuls battle it out to become the new Prime Minister, it’s perhaps unsurprising to see this economic measure flip-flopping around. According to the Office for National Statistics, the Consumer Prices Index (CPIH) measure of price inflation, including owner occupiers’ housing costs, fell to 1.9% for the year to May 2019. This price inflation measure stood at 2% a month earlier.
Price inflation slips back to target
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This 408 word blog reports on the latest news regarding our uncertain British economy and its impact on the latest Consumer Prices Index (CPI) measure of price inflation. Written on 19th June 2019.
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