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UK inflation rate falls to 2% in December 2013

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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