Technical 'bluff' sees UK 12-month inflation dip in July

Office for National Statistics figures show the effects of lockdown easing in 2020

Mike Sheen
clock • 2 min read
Technical 'bluff' sees UK 12-month inflation dip in July

The UK’s 12-month inflation rate saw growth slow in July, largely as a result of technical base effects linked to the first easing of lockdown conditions last year, the latest data from the Office for National Statistics (ONS) show.

ONS figures published this morning (18 August) show the Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 2.1% in the 12 months to July, down from 2.4% in the previous m...

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 Investment

LPPI launches climate solutions-focussed fund

LPPI launches climate solutions-focussed fund

Environmental Opportunities Fund has initial £500m target commitment

Jasmine Urquhart
clock 01 April 2025 • 1 min read
LGPS and MP pension scheme back social infrastructure fund

LGPS and MP pension scheme back social infrastructure fund

First close of the NSIIF to provide £100m investment to be deployed into real estate

Martin Richmond
clock 31 March 2025 • 2 min read
Partner Insight: Robeco Active Quant - It's all about predictable results

Partner Insight: Robeco Active Quant - It's all about predictable results

Robeco
clock 31 March 2025 • 5 min read
Trustpilot