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Inflation eases on both counts
Inflation fell in October on both main measures. Under the Retail Prices Index (RPI), it was down to 5.4% from September’s figure of 5.6%.
Falls in the price of food, thanks to heavy supermarket discounting, and in air travel, helped to push the inflation rate lower.
Under the government’s preferred measure — the Consumer Prices Index (CPI) — inflation was down to 5.0% from 5.2% in September.