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CPI inflation drops to 3.4%

THE headline rate of inflation has fallen to a 15-month low.

New figures from the Office of National Statistics showed that CPI inflation was 3.4% in February, down from 3.6% in January.

The latest fall means that CPI inflation is now at its lowest level since November 2010.

Falling energy costs were among the biggest downward pressures while alcohol and vegetables saw some of the biggest rises.

Source : James Reed -

20 March 2012
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Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.

Martin Elliott. Chief Executive - Home Hardware.

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