How inflation dip impacts on one small business
The Consumer Price measure of inflation was 0.3% for the year to January, down from its level of 0.5 per cent in December.
The tumble reflects a slide in global oil prices, which last month fell to their lowest level in almost six years at below $45 (£29) a barrel.
A supermarket price war has also led to lower food prices.
Economics correspondent Andy Verity reports from a camera shop that could feel the impact of low inflation.