Inflation rate falls to 1.7%

 The office for National statistics says the consumer price index is 1.7%-down from 2.1% – in August

Head of inflation at ONS Mike Hardie said: “The inflation rate has fallen noticeably into August, to its lowest since late 2016. This was mainly driven by a decrease in computer game prices, plus clothing prices rising by less than year after the end of the summer sales.

“Annual growth in house prices slowed to its lowest rate since September 2012, with four of the nine English regions now seeing prices falling over the year”.

2019-09-18

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