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Economy

Inflation falls to lowest rate in over three years

This means inflation is now below the Bank of England’s 2% target, meaning the bank may face pressure to cut interest rates next month

UK inflation fell to 1.7% in September, down from 2.2% in August, marking the lowest rate in over three years.This means inflation is now below the Bank of England’s 2% target, meaning the bank may face pressure to cut interest rates next month.

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