Labour Research February 2012

News

Inflation falls on both measures

Inflation fell on both the main measures due to lower fuel prices and cheaper clothing.

Under the Retail Prices Index, the annual rate dropped to 4.8% in December from 5.2% the previous month.

The rate of Consumer Prices Index (CPI) inflation fell to 4.2% in December from 4.8% the month before, according to the Office for National Statistics.