Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  October 16, 2012 11:35:59

UK - Inflation slowed to 2.2%, at least for the last three years


Consumer price index (CPI) in the UK in September dropped by 2.2% compared to 2.5% in August. The market also counted with the slowdown in price growth to 2.2%. September's value is the lowest since November 2009. The main reason for the lower rate of growth in inflation was slower growth in prices of electricity and gas.

In monthly comparison, the CPI rose by 0.4%.

Core-CPI, which does not contain volatile prices influence of alcohol, food, energy and tobacco products remained the same height as 2.1% in August. Retail inflation used primarily in wage negotiation slowed from August's 2.9 to 2.6%. Retail inflation excluding mortgage interest payments remained at 2.6%.

Input prices for the manufacturing sector grew in September decreased by 0.5% and by 2.5% year on year, which was the largest increase since May of this year.

Input price index rose by 0.2% mom, respectively, decreased by 1.2% y / y

Bank of England estimates that the rate of inflation over time get back to strength and in the middle of next year will show a growth of over 3%.
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UK - inflace zpomalila na 2,2%, nejméně za poslední 3 roky

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