Technical 'bluff' sees UK 12-month inflation dip in July

Office for National Statistics figures show the effects of lockdown easing in 2020

Mike Sheen
clock • 2 min read
Technical 'bluff' sees UK 12-month inflation dip in July

The UK’s 12-month inflation rate saw growth slow in July, largely as a result of technical base effects linked to the first easing of lockdown conditions last year, the latest data from the Office for National Statistics (ONS) show.

ONS figures published this morning (18 August) show the Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 2.1% in the 12 months to July, down from 2.4% in the previous m...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Podcast: Reflections and revelations from the Alpha females of investing

Partner Podcast: Reflections and revelations from the Alpha females of investing

A look back at the themes shaping today’s multi-asset landscape

Karen Watkin, Portfolio Manager - Multi-Asset Solutions, AllianceBernstein
clock 27 November 2025 • 1 min read
'Startlingly low' Budget forecasts on surplus release show need to 'think bigger'

'Startlingly low' Budget forecasts on surplus release show need to 'think bigger'

Insight Investment says DB surplus release policy could achieve ‘much more’

Jonathan Stapleton
clock 27 November 2025 • 1 min read
Partner Insight: From oceans to AI - EOS's Q3 report highlights systemic risks for long-term investors

Partner Insight: From oceans to AI - EOS's Q3 report highlights systemic risks for long-term investors

The Q3 Public Engagement Report from EOS at Federated Hermes explores the implications of the ratified High Seas Treaty for companies and investors, AI’s insatiable appetite for energy, and key themes from the voting season across developed Asia and emerging...

Federated Hermes
clock 26 November 2025 • 3 min read
Trustpilot