Wednesday, 16 April 2014

VIDEO: UK inflation fall announced

The UK inflation rate as measured by the Consumer Prices Index (CPI) fell to 1.6% in March from 1.7% in February, according to the Office for National Statistics (ONS).

It is the third consecutive month inflation has been below the Bank of England's 2% target rate, and the lowest rate since October 2009.

Richard Campbell from the ONS announced the figure and analysed why it might have fallen.


View the original article here