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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

December 18, 2024
UK CONSUMER PRICE INDEX, NOVEMBER 2024

UK Consumer Price Index including owner-occupiers' housing costs (CPIH) increased 3.5% year-over-year in November 2024, this was up from 3.2% year-over-year in October. The UK CPI index was up 2.6% year-over-year in November, accelerating from 2.3% in October.  The owner occupiers' housing costs component accounts for 16% of the CPIH. It is the main driver for differences between the CPIH and CPI inflation rates.  The largest upward contributions came from seven divisions, mostly from transport and housing related costs, partly offset by restaurants and hotels.

Sources: United Kingdom Office for National Statistics Statistical bulletin

Statistics Canada.  Table  18-10-0004-01   Consumer Price Index, monthly, not seasonally adjusted



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