Dire Impact If Drop Leads to Deflation

Summary


Inflation has dropped by the largest single fall since the recession of the early 1990s.

The plunge from 4.1 per cent to 3.1 per cent was caused by heavy discounting on the high street and the reduction in VAT and oil prices.

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Dire Impact If Drop Leads to Deflation

The impact on local business could be dire if further drops in the ra...

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