UK deflation coming to an end? [UPDATED]

19 August 2015

 

The UK’s Office of National Statistics released July CPI and PPI figures which suggest the UK’s period of deflation may be coming to an end. The CPI grew by a meagre 0.1% for the year to July, up from June’s figure of 0.0%. In the year to July 2015, food prices fell by 2.7% and prices of motor fuels fell by 11.4%. These two groups have provided some of the...

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