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Inflation fell in September, figures show

 

Inflation on the Island has fallen again.

 

As measured by the Consumer Prices Index it now stands at 1%, down from 1.3% in August.

 

The figure as measured by the Retail Prices Index (RPI) held at 2.6% for September 2014.

 

Excluding housing costs, the annual rate of inflation shown by the RPI also held at 3.0% for September 2014.

 

Alcohol and tobacco showed a 3.8% rise in the month but there was better news for housholders - household equipment and maintenance dropped by 3.3%.

 

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