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Inflation Falls to All-Time Low in U.K.
Falling food, fuel and energy prices cut the U.K.'s consumer price index to 0.3% in January.
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Falling food, fuel and energy prices cut the U.K.'s consumer price index to 0.3% in January. It was the lowest household inflation rate since the Office for National Statistics began tracking the measure in 1988.
January's core inflation, which ignores those volatile prices, was 1.4%.
The U.K.'s inflation rate has dropped from 1.3% last October to 1% in November and 0.5% in December. Last week the Bank of England said inflation could temporarily turn negative this spring.
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