British CPI down to a record low in Jan

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Xinhua, London :
The Britain’s consumer prices index (CPI) fell to 0.3 percent in the year to January 2015, reaching a record low, data from the Office for National Statistics (ONS) showed Tuesday.
The inflation rate down from 0.5 percent in December 2014, down to the lowest level since CPI records began.
Last week, the Bank of England forecast the British inflation would fall further, potentially turn negative in the spring.
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