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Inflation falls again
The annual rate of inflation under the Retail Prices Index (RPI) dipped to 0.7% in October against 0.8% the previous month.
Falls in food, alcohol and tobacco were offset in part by dearer clothing.
Inflation under the Consumer Prices Index (CPI) — the government’s preferred measure — remained in negative territory at minus 0.1%. It’s the ninth month running that CPI has been at, or very close to, zero.
www.ons.gov.uk/ons/rel/cpi/consumer-price-indices/october-2015/index.html