UK inflation falls to 15-year low

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UK consumer prices index (CPI) inflation has fallen to a 15-year low of just 0.5%, driven by plunging oil prices.

Inflation dropped from 1% in November, according to the Office for National Statistics (ONS). The last time CPI was at 0.5% was in May 2000. The ONS said the main contributions to the fall came ...

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