U.K. Inflation Rate Falls to Lowest Since 2009 on Motor Fuel
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U.K. inflation slipped further below the Bank of England’s 2 percent target in February to its lowest rate in more than four years as motor-fuel prices fell.
Consumer prices rose an annual 1.7 percent, the least since October 2009, compared with 1.9 percent in January, the Office for National Statistics said today in London. That matched the median estimate in a Bloomberg News survey.