UK inflation falls to 1.6% in March

Written By Unknown on Selasa, 15 April 2014 | 15.37

15 April 2014 Last updated at 09:35

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 marks a fresh four-year low.

The largest contribution to the fall in the rate came from petrol prices.

The rate of Retail Prices Index (RPI) inflation also fell to 2.5% from 2.7%.


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