Market news
13.12.2016, 09:32

UK CPI rose 1.2% in November due to higher prices of clothing, motor fuels

The Consumer Prices Index (CPI) rose by 1.2% in the year to November 2016, compared with a 0.9% rise in the year to October.

The rate in November was the highest since October 2014, when it was 1.3%.

Rises in the prices of clothing, motor fuels and a variety of recreational and cultural goods and services, most notably data processing equipment, were the main contributors to the increase in the rate.

These upward pressures were partially offset by falls in air and sea fares.

CPIH (not a National Statistic) rose by 1.4% in the year to November 2016, up from 1.2% in October.

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