Britain slips into deflation by 19thMay 2015

Q.  Which major European country slipped into deflation recently as disclosed by the government on 19 May’15?
- Published on 17 May 15

a. Denmark
b. Hungary
c. Belarus
d. Britain

ANSWER: Britain
 
Prices fell by 0.1 per cent in the year to April, a new record monthly low for the consumer price index created in 1996. The best comparable data suggests that this is the lowest UK inflation reading since early 1960.

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