Natasha Browne examines the likelihood of negative inflation and the consequences for pension schemes.
Inflation fell to 0.3% in January, the lowest level since the consumer prices index (CPI) was introduced, as price growth continued to slump on the back of falling oil prices.
The Bank of England has said it is prepared to cut rates further and expand its quantitative easing programme should the current downward slide in inflation worsen materially.
As deficits hit a record level, PP looks at the impact on funding negotiations
Sterling fell against the euro and the US dollar as the latest Monetary Policy Committee (MPC) minutes revealed a unanimous vote against hiking interest rates.
UK consumer prices index (CPI) inflation has fallen to a 15-year low of just 0.5%, driven by plunging oil prices.
UK inflation is expected to fall below 1% for the first time in 12 years following a major oil slump.
PP examines what the latest inflation report means for schemes
UK inflation will probably tumble below 1% within the next six months after hitting a five-year low of 1.2% in September, the Bank of England (BoE) governor has said.
The Bank of England (BoE) has launched its biggest ever review into the fixed income, currency and commodities (FICC) markets following a string of recent scandals.