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Inflation Rate Drops

15040670_mAccording to the Office for National Statistics the UK inflation rate fell to 4.2% in December.

In November it was at 4.8% and the drop is apparently largely due to the drop in prices by the highstreet in a bid to get people shopping during Christmas.

Although food prices have risen by over 1% inflation is expected to be at a low of 2% by the end of this year.