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Tag Archives: Consumer Price Index

UK Inflation Rate Dips Below Target

15-Jul-09

Yesterday, the UK Office for National Statistics delivered the news that the UK inflation rate dipped below the central bank’s 2% target in June – for the first time in almost 2 years. The Consumer Price Index (CPI) fell to an annualized rate of 1.8% during the month compared with a 2.2% decline in May. [...]