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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

May 22, 2019
UK CONSUMER PRICE INDEX, APRIL 2019

In April 2019, the UK Consumer Price Index including owner-occupiers' housing costs (CPIH) rose by 2.0 per cent from April 2018.  This is up from 1.8 per cent in March 2019.  The largest upward contributions to the 12-month rate came from housing and household services and transport. A downward contribution came from clothing and footwear.

Year-over-year growth in the Consumer Price Index excluding owner occupiers' housing costs (CPI) was 2.1 per cent, up from 1.9 per cent in March 2019. 

UK inflation has been more volatile than inflation in Canada.  Over the last couple of years, UK prices rose substantially faster than those in Canada, but through most of 2018, growth was similar for the two countries. Nova Scotia's CPI growth has been lower than in the UK since the end of 2018. 

Note: The UK has recently expanded the commentary on the consumer price index to include owner occupiers' housing costs (CPIH).  This 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 more narrow Consumer Price Index (CPI). CPIH was re-designated as a National Statistics on 31 July 2017.  More information on the CPIH can be found here.

Source: United Kingdom Office for National Statistics Statistical bulletin, Statistics Canada table 18-10-0004-01



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