Price inflation slows as the economic crisis is felt


This 352-word blog post looks at the latest official price inflation figures and what might happen next. Written on 20th May 2020.

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Article preview: Price inflation slowed down in April to below 1%, as we start to experience the economic ramifications of the Covid-19 crisis. According to the latest official figures, the Consumer Prices Index (CPI) measure of price inflation stood at 0.8% in the year to April. CPI inflation fell from 1.5% in the year to March.