UK CPI inflation holds steady at 2.7% in September

The figure, unchanged from August, reflected a rise in the cost of air fares which was offset by downward pressure from motor fuel prices. Meanwhile, the retail prices index (RPI) measure of inflation fell slightly to 3.2% from 3.3% in August. CPIH, the new measure which includes the costs owner occupiers face in owning, maintaining and living in their own homes, grew by 2.5% - also unchanged from August. RPIJ, the new measure of RPI calculated using formulae that meet international standards, also grew by 2.5%. The Office for National Statistics (ONS) said the picture this mont...