CPI inflation rate plunges to just 0.2% amid Eat Out scheme

CPI inflation rate plunges to just 0.2 PER CENT as government's Eat Out discount scheme and tumbling air fares keep prices down

By James Tapsfield, Political Editor For Mailonline

Published: 07:21 BST, 16 September 2020 | Updated: 07:21 BST, 16 September 2020

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Inflation plunged last month as the government's Eat Out scheme and tumbling air fares suppressed prices.

The CPI measure dropped from 1 per cent in July to just 0.2 per cent in August, according to official figures.

The sharpest fall in years was driven by Rishi Sunak's discount of up to half price on meals out, but also by lower prices as the travel industry desperately tried to entice customers.

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