first_img whatsapp John Dunne Share Tuesday 17 August 2010 4:47 am Inflation falls to 3.1pc whatsappcenter_img Tags: NULL Show Comments ▼ INFLATION has fallen from 3.2 per cent in June to 3.1 per cent last month, official figures have shown. But the CPI rate is still above the government’s target of two per cent and so Bank of England governor Mervyn King will once again be obliged to write a letter of explanation.Meanwhile the figure for RPI – which takes into account mortgage repayments – dropped from 5 per cent to 4.8 per cent, according to the data from the Office for National Statistics. The main factors behind the drop in the inflation rate were the price of clothing and footwear, which fell by 4.9 per cent. A drop in the price of furniture and household equipment also contributed the reduction. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoGrowitchRemember Penny From The Big Bang Theory? This Is Her NowGrowitchUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoForbes14 Richest Black Billionaires RankedForbesUndoOpulent ExpressNewborn Quadruplets Left Doctors Staggered — They Are One In A MillionOpulent ExpressUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndolast_img