28th February 2014

Economists React as Inflation Beats 2% Target

For the first time in more than four years, inflation has fallen below the Bank of England’s 2% target. The latest statistics show that the annual rate of inflation dropped to 1.9%, which is great news for consumers in the UK. This fall in inflation further supports the government pledge that interest rates will not rise for at least a year. To read more of this post click here