Consumer prices up 0.4% in last 12 months

Consumer prices up 0.4% in last 12 months

Average consumer prices rose 0.4% in June compared with June 2013, according to official figures released today.

The most notable changes in the year were increases in Education (+4.5%), Alcoholic Beverages & Tobacco (+4.1%), Miscellaneous Goods & Services (+3.9%) and Restaurants & Hotels (+2.2%).

There were decreases in Communications (-4.7%), Clothing & Footwear (-3.4%), Furnishings, Household Equipment & Routine Household Maintenance (-3.1%) and Food & Non-Alcoholic Beverages (-2.4%).

Prices in June, as measured by the CPI, were 0.1% higher in the month when compared to last month.

During June of last year, prices also rose by 0.1%.

The most significant monthly price changes were increases in Transport (+1.7%), Alcoholic Beverages & Tobacco (+0.8%) and Restaurants & Hotels (+0.5%).

There were decreases in Clothing & Footwear (-2.6%), Food & Non-Alcoholic Beverages (-0.4%) and Furnishings, Household Equipment & Routine Household Maintenance (-0.4%).

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