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Inflation could 'turn negative', says Mark Carney

Inflation in the UK could turn negative in the next few months with prices falling, according to the governor of the Bank of England.

Mark Carney said the downward trend was likely to be short-term - but also that wages would rise by double the rate they did last year.

Inflation - the rate at which prices rise - is already at an all-time low of 0.5%.

The BBC's economics editor Robert Peston reports.

  • 12 Feb 2015
  • From the section UK
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