Inflation Falls to Four and a Half Year Low in May

By |June 18th, 2014|

The rate of inflation dropped to a four-and-a-half year low of 1.5% in May, down 0.3% from the previous month, according to the latest data.

It marks the sixth consecutive month that the Consumer Price Index registered a rate below the Bank of England’s 2% target.

The Office for National Statistics data shows that declining food and […]