Inflation fall raises pay hopes

Updated
Filed photo dated 18/09/12 of money. Inflation fell for the sixth month in succession in March paving the way for an end to the prolonged squeeze on wages, official figures showed today. PRESS ASSOCIATION Photo. Issue date: Tuesday April 15, 2014. The Consumer Prices Index (CPI) rate dropped to a new four-year low of 1.6%, from 1.7% in February, according to the Office for National Statistics (ONS). See PA story ECONOMY Inflation. Photo credit should read: Dominic Lipinski/PA Wire

%VIRTUAL-SkimlinksPromo%Inflation fell for the sixth month in succession in March paving the way for an end to the prolonged squeeze on wages, official figures showed today.

The Consumer Prices Index (CPI) rate dropped to a new four-year low of 1.6%, from 1.7% in February, according to the Office for National Statistics (ONS).

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