Article preview: Price inflation, as measured by the Consumer Prices Index (CPI), rose slightly in the year to February. It’s the first time since last summer this measure of inflation has reported a rise. CPI inflation was up from 1.8% in January to 1.9% last month, with most broad categories of goods and services continuing to make an upward contribution towards price inflation. Another measure of inflation, CPIH, which includes owner occupiers’ housing costs, was steady at 1.8% last month. Upward contributions to price inflation came from higher prices for food, alcohol and tobacco.
Rising inflation and slowing property price growth
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This 594 word blog post shares the latest official figures for price inflation and house prices. Includes an expert comment from Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC). Written on 21st March 2019.
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