The Office for National Statistics said today the UK’s inflation rate, as measured by the consumer prices index, fell to 1.9% in January.
Inflation, as measured by the Retail Prices Index rose to 2.8% from 2.7% in December.
Commenting on the inflation figures, Steve McCabe MP said:
“This fall in inflation is welcome but my constituents are telling me they are still struggling to make ends meet. Prices are still rising much faster than wages.