Government of Nova Scotia, Canada
Header - Service Directory

Use the Services Directory to quickly access information on all of the services provided by the NS Department of Finance.

Home > Economics and Statistics > Archived Daily Stats > Selected Archived Daily Stats Article
The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.

<--- Return to Archive

For additional information relating to this article, please contact:

Mike Milloy Planning and Development Officer
Tel: 902-424-8800Email: Mike.Milloy@novascotia.ca

January 16, 2018
UK CONSUMER PRICE INDEX, DECEMBER AND 2017 ANNUAL

In December 2017, the Consumer Price Index rose by 3.0 per cent over the year since December 2016, down slightly from the year over year rate last month. The rate has been steadily increasing following a period of relatively low inflation in 2015.

The main contributors to upward pressure on the rate were increases in the prices of tobacco, petrol and diesel. Downward pressures came from air fares and recreational goods.  

Note: The UK has recently expanded the commentary on CPI to include a second measure, CPIH, that includes the costs associated with owning, maintaining and living in one’s own home, known as owner occupiers’ housing costs (OOH), along with Council Tax. Both of these are significant expenses for many households and are not included in the CPI. CPIH was re-designated as a National Statistics on 31 July 2017.  More information on the CPIH can be found here.

In December 2017, the CPIH rose by 2.7 per cent over the year since December 2016, down from 2.8 per cent last month. 

 

ANNUAL

Annually, prices in the UK were up 2.7 per cent over 2016 averages. This is higher than both Canada and Nova Scotia (Jan-Nov 2017 vs. 2016 average). 

 Source: United Kingdom Office for National Statistics CPI Report, Statistics Canada CANSIM 326-0020



<--- Return to Archive