CPI

China's inflation level fell to a 30-month low of 1.8% in July, continuing to tumble as the global slowdown takes hold.

FRONTIERS

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

Leading economists have predicted the UK's main inflation rate will fall as low as 0.5% next year.

The Office for National Statistics has proposed a new inflation measure to replace the Consumer Prices Index (CPI) which would include housing costs in the calculation.

GOSLING'S GROUSE

Inflation in the UK dropped in April, beating the consensus forecast.

Schroders' head of UK equities Richard Buxton said the UK's much-feared double-dip recession is ‘irrelevant' and not cause for panic.

Investec is launching an inflation-linked fund, targeting a return of CPI inflation plus 5%, as part of an expansion of its Managed Solutions fund range.

Monetary Policy Committee member Adam Posen's surprise decision to curtail his calls for further quantitative easing in the UK raises questions over the Bank of England's next move.