UK inflation drops in August on falling transport costs

clock

The consumer prices index (CPI) fell from 2.8% to 2.7% in August, in line with economists' expectations, as falling transport costs pushed the headline figure down.

The Office for National Statistics (ONS) said the fall was attributable to smaller rises in the price of both petrol and airline costs compared with those seen in August 2012. RPI inflation, how...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Standard Life workplace business sees 83% growth in net fund flows

Standard Life workplace business sees 83% growth in net fund flows

Net fund flows of the workplace business hit £3.3bn in H1, compared to £1.8bn last year

Holly Roach
clock 16 September 2024 • 2 min read
'Urgent' policy change needed if retirement adequacy is to improve

'Urgent' policy change needed if retirement adequacy is to improve

Think tanks says pensions review is ‘golden opportunity’ to assess retirement landscape

Holly Roach
clock 13 September 2024 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

IGG strategic pension solutions offering, WPC appoints chair, TPR to step up investment governance focus

Professional Pensions
clock 13 September 2024 • 1 min read
Trustpilot