The British CPI falls to 2% in July

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London, Aug 18 (EFE) .- The UK consumer price index (CPI) stood at 2% in July, compared to 2.5% the previous month, according to data released this Wednesday by the National Office Statistics (ONS).

The fall in inflation responded to a general decline in the prices of products and services, although there was an increase in transportation, according to the ONS.

“Inflation fell in July in a wide variety of products and services, including clothing, which fell with the return of the summer sales,” ONS deputy director of national statistics Jonathan Athow said Wednesday.

Despite this decline, experts have anticipated that inflation will rise this year. The CPI stood in July at the level that the Bank of England prefers to maintain, after it stayed above 2% for two months in a row.

In June, inflation was at the highest level in almost three years.

(c) EFE Agency

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