UK inflation falls to fresh record low in January

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Inflation fell to 0.3% in January, the lowest level since the consumer prices index (CPI) was introduced, as price growth continued to slump on the back of falling oil prices.

UK CPI inflation fell from 0.5% in December to 0.3% in January, slightly below the consensus forecast of a drop to 0.4%. December's reading represented the joint-lowest level since the CPI index...

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