Nov 20, 2015
Falling price of travel and university tuition fees sees consumer prices dip 0.1pc in October
Britain remained stuck in deflation for the second consecutive month, as the falling cost of travel pushed consumer prices into negative territory in October.
Inflation, as measured by the consumer price index (CPI), was -0.1pc last month, matching the lowest level seen in the UK economy since 1960. It is the first time Britain has been in deflation for two straight months since records began in 1996.
Prices were also pushed down by lower university tuition fees, cheaper food, alcohol and tobacco, which offset the rising cost of clothing and footwear, according to the Office for National Statistics.