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UK CPI inflation falls to 1.5%

17 June 2014 •

UK Consumer Prices Index (CPI) inflation fell in the year to May, after the previous month saw its first climb in 10 months.

The Office for National Statistics (ONS) reported CPI grew by 1.5% in the year to May 2014, down from 1.8% in April. Falls in transport services costs, notably air fares, provided the largest cont...

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