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[The Telegraph]

Inflation drops to lowest level in 18 months while stocks rally runs out of steam

Today's business news about the global markets, including the latest on the Pound and UK inflation.

Inflation drops to lowest level in 18 months while stocks rally runs out of steam

Falling prices for food, non-alcohol drinks and ferries pulled down inflation to its lowest level in 18 months.

However, Miles Eakers at Centtrip warned that the dip in CPI could be “short-lived” after wage growth hit its highest level in nine-year yesterday.

 

Read the newswire in full: The Telegraph

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