Thursday, 22 August 2019 03:50 GMT
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CPI in UK surges to hit 2.1 percent




(MENAFN) Data that the Office for National Statistics (ONS) issued revealed a boost in the UK's consumer prices index (CPI), standing at 2.1 percent in July 2019 on annual basis.

Back in June 2019, the British consumer prices index (CPI) reached 2 percent.

ONS revealed that this jump in the inflation rate was attributed to price hikes in games, toys and hobbies, and accommodation services.

Assistant head of inflation at ONS, Chris Jenkins commented: "the inflation rate increased slightly, with computer games, consoles and hotel prices rising more than they did last year ... Conversely, air, international rail and sea fares did not rise by as much as 12 months ago."

Jenkins added: "overall house prices growth was unchanged from May, but in London annual growth was negative once again, decreasing for the 16th month in succession."

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CPI in UK surges to hit 2.1 percent

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