Wednesday, June 20, 2012

UK inflation drops to 2.8% in May pushed by lower fuel and food prices

BoE could be considering a “shot” of liquidity to boost the economy, say experts UK rate of inflation fell last month to a two-and-a-half year low owing to slowing fuel and food prices. The Consumer Prices Index (CPI) measure fell to 2.8% in May from 3% in April, the Office for National Statistics (ONS) said.

Source: http://en.mercopress.com/2012/06/20/uk-inflation-drops-to-2.8-in-may-pushed-by-lower-fuel-and-food-prices?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss

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