Tuesday, Aug 14, 2007
UK July inflation falls to 1.9%
BBC News: UK July inflation falls to 1.9%
The UK's rate of inflation slowed to 1.9% in July, well below analysts' forecasts.
The cost of living measured by the Consumer Price Index dropped sharply from June's level of 2.4%, helped by a supermarket price war.
It is the first time UK inflation has fallen below the government's target of 2% since March 2006.
The Retail Price Index, another inflation measure, fell to 3.8% in July from 4.4% the previous month
Posted by delboypass @ 09:51 AM (153 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.