Britain's 12-month inflation slowed to 1.6 percent in March, the lowest for four and a half years, official data showed on Tuesday.
The latest figure comes against a background of growing concern about deflationary pressures in Europe, notably in the eurozone to which Britain does not belong, and also in central europe.
The rate had stood at 1.7 percent in February and at 1.9 percent in January, holding underneath the Bank of England's target level of 2.0 percent.
The March rate was the lowest since October 2009 but was in line with market expectations.
The largest downward contribution came from from transport, particularly motor fuels, the Office for National Statistics added in a statement.
Other smaller downward effects came from the clothing, and furniture and household goods sectors.
On a month-on-month basis, the Consumer Prices Index (CPI) rose 0.2 percent in March.
Britain’s 12-month inflation slowed to 1.6 percent in March, the lowest for four and a half years, official data showed on Tuesday.
The latest figure comes against a background of growing concern about deflationary pressures in Europe, notably in the eurozone to which Britain does not belong, and also in central europe.
The rate had stood at 1.7 percent in February and at 1.9 percent in January, holding underneath the Bank of England’s target level of 2.0 percent.
The March rate was the lowest since October 2009 but was in line with market expectations.
The largest downward contribution came from from transport, particularly motor fuels, the Office for National Statistics added in a statement.
Other smaller downward effects came from the clothing, and furniture and household goods sectors.
On a month-on-month basis, the Consumer Prices Index (CPI) rose 0.2 percent in March.
