Consumer And Producer Price Inflation, UK: July 2020

19th August 2020

Commenting on today's inflation figures for July, ONS Deputy National Statistician for Economic Statistics Jonathan Athow said:

"Inflation has risen, in part, due to the largest monthly pump price increase in nearly a decade, as international oil prices rose from their lows earlier this year.

"The largest upward movement came from clothing where prices fell on the month but by less than a year ago, partly due to different sales patterns throughout the year so far.

"In addition, prices for private dental treatment, physiotherapy and haircuts have increased with the need for PPE contributing to costs for these businesses.

"Our new experimental numbers, taking into account changing spending patterns throughout the pandemic, show prices rising only a little higher than our headline inflation figures."

Reports

Consumer Price Inflation Report - UK July 2020

Producer price inflation - UK: July 2020