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Source: Daily Mail, LondonAug.自存倉 14--A FALL in the inflation rate yesterday was a ray of sunshine for households ? and it was thanks, in part, to the washout summer of 2012.The Consumer Prices Index (CPI), the main inflation measure, fell from 2.9pc in the year to June to 2.8pc in the year to July, while the more traditional Retail Prices Index showed a drop from 3.3pc to 3.1pc.Clothing and footwear prices were a key contributor to the fall in the CPI. 'This is essentially a story about 2012,' said Richard Campbell of the Office for National Statistics.'The very wet weather last year meant that discounting started early, so many of the price falls happened before July. This year was more normal, with summer sales in July.'July saw clothing and footwear prices fall by 3.2pc compared with June, against just 2.6pc in July last year.Other factors behind the drop in the CPI were lower air fares and falls in prices of recreation and cultural products.Campbell said he was wary of suggesting the Olympic Games had affected these last two categories, adding: 'We produce UK figures and not figures relating only to London.'And he warned that, while the slowdown in the CPI was welcome, 'prices are still going up more than earnings, and that means people are feeling the pinch'.The Bank 迷你倉新蒲崗f England has forecast that inflation will remain above the Government's 2pc target for the rest of this year.Campbell said that half of current CPI inflation was accounted for by three types of prices ? food, housing costs, such as utility bills, and transport expenditure on cars, train fares and plane tickets.But there was bad news for the manufacturing industry, whose fuel and raw materials costs rose by 5pc in the year to July, up from 4pc in the year to June.Prices charged by manufacturers on goods as they leave the factory gate rose by 2.1pc in the year to July, from 2pc in the year to June.A GLOOMY outlook for exports was published today by accountant EY, formerly Ernst & Young. An in-depth study of international trade data shows British exports growing at just 0.3pc year on year from 2012 to 2017, far behind the annual 1pc forecast European average and 2.3pc forecast for Germany.Mark Gregory, chief economist at EY, said: 'Our analysis suggests UK goods exporters are lagging behind the wider UK recovery.'We are seeing a decline in demand from our traditional large trading partners for UK goods to 2017.'Copyright: ___ (c)2013 Daily Mail (London, ) Visit the Daily Mail (London, ) at .dailymail.co.uk/home/index.html Distributed by MCT Information Services迷你倉出租
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