United Kingdom Consumer Price Inflation – July 2022

18 August 2022

The Consumer Prices Index (CPI) rose by 10.1% in the 12 months to July 2022, up from 9.4% in June. The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 8.8% in the 12 months to July 2022, up from 8.2% in June. On a monthly basis, CPIH rose by 0.6% in July 2022, compared with no change in July 2021.
 
The largest upward contributions to the annual CPIH inflation rate in July 2022 came from housing and household services (principally from electricity, gas and other fuels, and owner occupiers' housing costs), transport (principally motor fuels), and food and non-alcoholic beverages.
 
Rising food prices made the largest upward contribution to the change in both the CPIH and CPI annual inflation rates between June and July 2022.
 
Source: United Kingdom National Statistics Office
Post by: Republic of Türkiye Ministry of Trade