Inflation sees shock fall to 2.4%

Dan Jones and Nick Paler
17 July 2012

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UK inflation has dropped to its lowest level since November 2009 after a shock fall to 2.4%.

Consumer Price Index inflation fell 0.4% between May and June, official statistics showed today, well below analysts' expectations. They had expected CPI to remain unchanged at 2.8%. Inflation figures...

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