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Shock fall puts inflation below target for first time in three years - what's caused it?
Posted
October 16, 2024
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3:52Now PlayingInflation has fallen below the 2% target for the first time in more than three years.
A sizeable drop in airfares and petrol prices have been key in the fall from 2.2% to 1.7%.
We get some analysis from our business correspondent Paul Kelso on what this means for a potential Bank of England decision on interest rates.
#inflation #economy #uknews
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