Wed, 18 Feb 2015 15:12:03 GMT
British inflation slows to record low level
The UK consumer price inflation slowed in January to an annual 0.3%, the lowest level since records began, posting the potential for further decrease. According to the National Statistics, the rate was down from 0.5% in December. The harsh drop was triggered by a decrease in crude prices, which slipped to $45 per barrel, and lower food costs.