UK inflation rate falls in September to 1.1%

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UK inflation rate falls in September to 1.1%

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10-13-2009, 10:44 PM

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UK inflation rate falls in September to 1.1%

The Consumer Prices Index (CPI), a key measure of inflation, has fallen from 1.6% to an annual 1.1% in August - the lowest level since September 2004, the Office for National Statistics (ONS) said today.While the decline in inflation was higher than analysts had expected, it was primarily due to lower food and energy costs.According [...]

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