UK inflation falls to a 25 year low

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Consumer price inflation in the UK slowed to 0.3% on an annualized basis, marking the lowest inflation reading since 1989 or in over 25 years while, ohowever cn a monthly basis, inflation declined -0.9%. Falling crude oil prices were largely to be blamed but also declining food costs added to the woes. The dip in , however, omes as forecasted by the Bank of England. In its latest February infla...

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