Inflation set to fall to 4-year low

%VIRTUAL-SkimlinksPromo%Inflation is expected to have fallen to a new four-year low in February amid hopes of an end to the prolonged squeeze on real wages.

Economists expect the Consumer Prices Index (CPI) to have dropped to 1.7% from 1.9% in January - the fifth monthly slowdown in a row - when figures are published tomorrow by the Office for National Statistics.