James Forsyth

RPI: Deflation is here

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The Retail Price Index for March was -0.4 percent, the first time this measure has been negative since 1960. The Consumer Price Index, however, is 2.9 percent--considerably over the government's 2 percent target.

Written byJames Forsyth

James Forsyth is Political Editor of the Spectator. He is also a columnist in The Sun.

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