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Thursday 23rd October

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UK Inflation Falls To 1.9% In January

Posted at 8:06AM Wednesday 19 Feb 2014

The UK's inflation rate, as measured by the consumer prices index, fell to 1.9% in January.

The rate fell below the Bank of England's 2% target for the first time in more than four years.

The fall is likely to underline the Bank of England's message that there is no rush to raise interest rates.

BBC




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