Inflation falls to 5-year low

THE headline rate of inflation fell to its lowest rate since 2009 last month.

The Office for National Statistics said the Consumer Prices Index (CPI) figure was 1.5%, down from 1.6% in July.

It said falls in the prices of motor fuels and food and non-alcoholic drinks provided the largest downward contributions.

Upward effects came from clothing, transport services and alcohol.

The Retail Prices Index (RPI), which takes into account housing costs, fell to 2.4% from 2.5% in July.

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