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Page last updated at 13:42 GMT, Tuesday, 19 May 2009 14:42 UK

Further slowdown in UK inflation

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The UK economy is moving further into deflation.

The cost of living saw the biggest drop since records began more than 50 years ago.

Falls in house prices, energy and food bills are to blame.

As the BBC's Chief Economics Correspondent, Hugh Pym, explains, while this is good for consumers, it's not so good for those whose wages are affected.

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