UK Zero Inflation

UK annual inflation (CPI) falls back to zero in August from 0.1% in July.

Core inflation falls to 1% from 1.2%.

The fall is primarily due to lower prices on fuel, food and drinks.

Whereas house prices are rocketing:

House prices up more than 8% in Eastern England and over 7% in Northern Ireland, says ONS, new record levels in most of England

— Simon Gompertz (@gompertz) September 15, 2015