UK inflation rate rises to 0.1% in July

Economy

Tuesday, 18 August 2015, 11:30

1 min read

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The UK inflation rate has crept up from the zero-mark to 0.1% in July, according to the Consumer Prices Index measurement.

A smaller fall in clothing prices during the month compared with the same time last year was the main contributor to the rise in inflation, the Office for National Statistics (ONS) said.

However, the ONS added that falling prices for food and non-alcoholic beverages partially offset the rise.

Earlier this year inflation dipped to 0.1%, this was the first time inflation turned negative for the first time since records began in 1960.