UK CPIH rises by 8.8%, CPI by 10.1% in 12 months to Sep 2022

The annual CPI inflation rate for clothing and footwear was 7.6 per cent in August this year and 8.5 per cent in September.

On a monthly basis, CPIH rose by 0.4 per cent in September compared with a rise of 0.3 per cent in the same month last years. On a monthly basis, CPI rose by 0.5 per cent in September compared with a rise of 0.3 in the same month last year, according to the Office of National Statistics (ONS).

The largest upward contributions to the annual CPIH inflation rate in September came from housing and household services, food and non-alcoholic beverages, and transport (principally motor fuels).

Rising food prices made the largest upward contribution to the change in both the CPIH and CPI annual inflation rates between August and September this year, ONS noted.

ALCHEMPro News Desk (DS)