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UK inflation hits lowest level since 2015 after government's dining-out scheme cuts prices at restaurants

UK inflation hits lowest level since 2015 after government's dining-out scheme cuts prices at restaurants


Jim Edwards




UK inflation hit a near five-year low in August, the Office for National Statistics (ONS) said Wednesday.A 




August's Consumer Price Index 12-month rate fell to 0.2% in August, down from 1% in July.A 




The drop was partly fueled by the government's Eat Out to Help Out scheme, which slashed prices for dining out at restaurants and cafes, the ONS said.




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UK inflation hit a near five-year low in August, in part thanks to a government scheme that cut the price of dining out.The Office for National Statistics (ONS) said the Consumer Price Index (CPI) 12-month rate was 0.2% in August, down from 1% in July.It is the lowest reading since December 2015.A The ONS said the government's Eat Out to Help Out scheme, which gave diners 50% off food up to a cap of A?10 during August, contributed to the rate falling. Other downward contributions came from reduced air fares and the falling price of clothes.A 
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