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June 19, 2019UK CONSUMER PRICE INDEX, MAY 2019 
In May 2019, the UK Consumer Price Index including owner-occupiers' housing costs (CPIH) rose by 1.9 per cent from May 2018. This is down from the 2.0 per cent year-over-year rate observed in April 2019. The largest upward contributions to the 12-month rate came from games/toys/hobbies, furniture and accommodations. This was offset by downward contributions from transportation (air fares) and car prices.
Year-over-year growth in the Consumer Price Index excluding owner occupiers' housing costs (CPI) was 2.0 per cent, down from 2.1 per cent (year-over-year) in April 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, price growth was similar for the two countries. Nova Scotia's CPI growth had been lower than in the UK since the end of 2018, but in the last month was very similar to UK inflation.
Sources: United Kingdom Office for National Statistics Statistical bulletin, Annual growth - CPI, Annual growth - CPIH
Statistics Canada. Table 18-10-0004-01 Consumer Price Index, monthly, not seasonally adjusted
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