facebook
twitter
rss
account
search
search
 

Inflation in Britain drops marginally

Jan. 14, 2014 at 9:30 AM   |   Comments

LONDON, Jan. 14 (UPI) -- The Office for National Statistics in Britain said the annual inflation rate dropped one tick to 2 percent in December.

The index has fallen sharply from September, when it stood at 2.7 percent. It plunged to 2.2 percent in October and eased further in November and December.

The largest contributors to the decline were prices for food and recreational goods and services. Declines were offset, partly, by a gain in motor fuel costs, ONS said.

ONS said the home owners cost index rose 1.9 percent December 2012 to December 2013, although it was unchanged from November.

The retail price index for the month adjusted to account for clothing prices rose 2 percent on an annual basis and was unchanged month to month.

© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
Celebrity Couples of 2014 [PHOTOS]

Celebrity Couples of 2014 [PHOTOS]

Most Popular
1
Verizon will soon let you choose what TV channels you want to pay for Verizon will soon let you choose what TV channels you want to pay for
2
Etsy bans sale of items with Redskins name, imagery Etsy bans sale of items with Redskins name, imagery
3
Meggitt receives $17.7 million Army order for target systems Meggitt receives $17.7 million Army order for target systems
4
Organic food brand at Kroger's to hit $1B in sales Organic food brand at Kroger's to hit $1B in sales
5
Lockheed Martin opens technology center
Trending News
Video
x
Feedback