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September 18, 2019UK CONSUMER PRICE INDEX, AUGUST 2019 
In August 2019, the UK Consumer Price Index including owner-occupiers' housing costs (CPIH) rose by 1.7 per cent from August 2018. This is down from the previous month, when year-over-year inflation was 2.0 per cent. The largest downward contributions to the 12-month rate came from recreational and cultural goods and services, clothing and sea fares. Rising air fares provided the largest upward contribution to the year-over-year change.
Year-over-year growth in the Consumer Price Index excluding owner occupiers' housing costs (CPI) was 1.7 per cent, down from 2.1 in July 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. In the first months of 2019 Canada's inflation was lower than that of the UK, but Canadian consumer prices are currently growing at about the same year-over-year pace as those in the UK.
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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