Some good news this week…
There is no doubt that businesses continued to struggle through the early months of 2011, but the fall in inflation for February can bring some relief to us all. UK Consumer Prices Index annual rate of inflation has fallen to 4%, down from 4.4% in February. The fact that inflation has fallen may at least buy the Bank more time before it has to see if the economy can walk on its own without the support of record low rates.
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