Article preview: The latest official price inflation figures show an unexpected slowdown in the year to February. According to the Office for National Statistics (ONS), the Consumer Prices Index (CPI) measure of price inflation was 0.4% for the twelve months to February, down from 0.7% a month earlier. Slowing price inflation was prompted by retailers cutting the prices for clothing and footwear, as they attempted to sell off excess stock.
An unexpected slowdown in price inflation
This 338-word blog post looks at the factors behind an unexpected slowdown in price inflation, according to the latest official figures. Written on 24th March 2021.
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