UK inflation rate fall announced

Name: UK inflation rate fall announced
Uploaded: 2014-04-15T09:39:14.000Z
Duration: 2 min 15 s
Description: 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).

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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.

Business

15 April 2014