Tuesday, July 14, 2009

UK inflation in June

in June, the Consumer Prices Index (CPI) fell to an annual rate of 1.8% (2.2% in May), the lowest since more than 2 years and below the government's target rate of 2.0%.

The Retail Prices Index (RPI), another inflation measure, one that includes mortgage interest payments and housing costs, fell to -1.6% in June (-1.1% in May), lowest rate since ONS statistics started being kept in 1948!

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