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 Insight: Learning from global leaders in lifetime income

Partner Insight: Learning from global leaders in lifetime income

Sophie Ballard, Head of UK Institutional @ Nuveen
clock 30 October 2026 • 4 min read
Partner Insight: Five forces shaping the data centre investment landscape

Partner Insight: Five forces shaping the data centre investment landscape

From AI and cloud demand to power constraints, five structural forces are reshaping data centre investing.

Principal's Global Data Centre Team
clock 30 October 2026 • 6 min read
Mixed concern over tax relief being used as a 'backdoor' to UK investment

Mixed concern over tax relief being used as a 'backdoor' to UK investment

PP survey finds mixed opinion on whether tax relief changes could be used to mandate UK investment

Martin Richmond
clock 27 October 2026 • 2 min read
Trustpilot