The Consumer Prices Index (CPI) measure of inflation fell to 2% in December, according to the Office for National Statistics.
It is the first time CPI has been at or below the government’s target of 2% since November 2009.
The Retail Prices Index (RPI) rose to 2.7% in December from 2.6% in November.
Farrell Financial Planning does not give advice on future inflation movements. Farrell Financial Planning are independent financial advisers (IFAs) based in Glasgow, Scotland.
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