HM Treasury written question – answered on 23rd December 2015.
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To ask Her Majesty’s Government what assessment they have made of the UK’s current CPI and RPI inflation rates.
CPI inflation was 0.1 per cent in November 2015 and RPI inflation was 1.1 per cent. Low inflation is being driven by falling food and energy prices, and we continue to see a combination of low prices, rising pay packets and record high employment.
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