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Unseasonable weather is the biggest threat to the UK’s trend of falling food inflation
date:Jun 19, 2012
rted by energy and food inflation.

It also said the largest influence on the favourable movement in the CPI was the impact of the hike in VAT at the start of 2011. But the lacklustre performance of the economy was another influence.

Consumer demand is heavily constrained by the high level of unemployment, a shift to part-time working and wage settlements that fall short of the general rate of inflation,according to the report.

12/22 15:07