Relief for consumers as inflation remains stable | Business News

Inflation has remained below the Bank of England’s 2% target in March, giving consumers some unexpected relief.

Consumer prices rose at an annual rate of 1.9% last month, the same rate as in February, according to figures released by the Office for National Statistics.

ONS statistician Mike Hardie said: “Inflation is stable, with motor fuel prices rising between February and March this year, offset by falls in food prices as well as the cost of computer games growing more slowly than it did this time last year.”

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