15/04/2014

Inflation At Lowest Rate Since 2009

The inflation rate, as measured by the Consumer Price Index, fell to 1.6% in March, down from 1.7% in February.

New figures from the Office for National Statistics show that the rate has now stayed below the Bank of England target of 2% for three months, and is currently at its lowest since October 2009.

The Retail Price Index measure rate also feel in March to 2.5%, down from 2.7%.

The full ONS figures can be read on their website.

(MH)






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