Summer games drought slowed inflation in the UK

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September 20th, 2019, 22:17 Posted By: wraggster

Video games were a key reason for a slowdown in UK inflation this summer, according to the Office for National Statistics.
In its August report, which was first picked up by Eurogamer, the ONS observed that inflation in the Consumer Prices Index including owner occupiers' housing costs (CPIH) 12-month rate had dropped to 1.7% in August -- its lowest level since December 2016.
Across 13 different product categories, only "food and alcoholic beverages" made an upward contribution to the rate of inflation. All other categories slowed it down, with "recreation and culture" the most telling by far (-0.15%).
"Within the group, the largest effect (of 0.09 percentage points) came from games, toys and hobbies (particularly computer games including downloads), where prices overall fell by 5.0% between July and August 2019 compared with a smaller fall of 0.1% between the same two months a year ago," the ONS stated in its report.

https://www.gamesindustry.biz/articl...tion-in-the-uk

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