U.K. Inflation Growth Slows to 0.5% in Dec. (FXB)
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E-mailThe U.K. Office for National Statistics issued the following data points on Tuesday:
- The Consumer Prices Index (CPI) grew by 0.5% in the year to December 2014, down from 1.0% in November.
- The main contributions to the fall came from the December 2013 gas and electricity price rises falling out of the calculation and the continuing drop in motor fuel prices.
- CPIH (not a National Statistic) grew by 0.6% in the year to December 2014, down from 1.0% in November.
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