UK inflation rate fall announced
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 the lowest rate since October 2009.
Richard Campbell from the ONS announced the figure and analysed why it might have fallen.
15 Apr 2014
- From the section Business