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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

October 16, 2019
UK CONSUMER PRICE INDEX, SEPTEMBER 2019

In September 2019, the UK Consumer Price Index including owner-occupiers' housing costs (CPIH) rose by 1.7 per cent from September 2018.  This is unchanged from the previous month.  The largest upward contribution came from housing and household services, although this contribution has fallen since May as a result of smaller contributions from electricity, gas and other fuels. The largest downward contribution came from clothing and footwear.

Year-over-year growth in the Consumer Price Index excluding owner occupiers' housing costs (CPI) was 1.7 per cent, also unchanged from August 2019. 

UK inflation has been more volatile than inflation in Canada.  Over the last couple of years, UK prices rose substantially faster than those in Canada, but through most of 2018, price growth was similar for the two countries. In 2019, Canadian inflation has been similar to inflation in the UK. 

Sources: United Kingdom Office for National Statistics Statistical bulletin, Annual growth - CPIAnnual growth - CPIH

Statistics Canada.  Table  18-10-0004-01   Consumer Price Index, monthly, not seasonally adjusted



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