UK inflation drops below 2% for the first time since 2009

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The UK inflation rate dropped to 1.9% in January, marking the first time it has fallen below the Bank of England's target of 2% since November 2009.

Growth in the consumer prices index (CPI) in the year to January was 1.9%, down from 2.0% in December, according to figures from the Office for National Statistics (ONS) today. The fall resulted...

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