British inflation declines to 1.9% in January

Source: Bloomberg
The consumer price index in the United Kingdom dropped unexpectedly in the first month of this year, reaching 1.9% on the annual basis from 2% a month ago. Economists, however, predicted no changes in the CPI Index. On a monthly basis, prices decreased 0.6%. The biggest decline was registered in prices of alcohol, DVD's, entry fees in museums and household goods.

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