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UK inflation rate falls to 3.4% in February

Inflation in the UK continued to fall in February, thanks largely to lower gas and electricity bills.

Consumer Prices Index inflation fell to 3.4% in February, down from 3.6% in January, according to the Office for National Statistics.

Retail Prices Index inflation, including mortgage interest payments, fell to 3.7% from 3.9%.

Hugh Pym reports.

  • 20 Mar 2012
  • From the section UK
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