I am currently recruiting for qualified and unqualified Nursery Assistants throughout the London and Greater London areas. Responsibilities include planning and supervising activities for the children to explore and learn...
UK inflation rate falls to 1.7%
The UK’s inflation rate, as measured by the Consumer Prices Index (CPI), fell to 1.7% in February from 1.9% in January, official figures show.
It marks the second consecutive month that the measure has been below the Bank of England’s 2% target.
Inflation measured by the Retail Prices Index (RPI) fell to 2.7% from 2.8% the month before.
The drop in the inflation rate was driven by a fall in the price of petrol.
The Office for National Statistics (ONS) said petrol prices fell by 0.8p per litre between January and February, compared with a rise of 4p a year ago.
It said the price of clothing and footwear had also increased at a slower pace than the same period last year, contributing to the fall in the inflation rate.