UK money
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UK inflation rate slows to 2.2% in September

16 October 2012 Last updated at 21:35 BST

The pace of price rises in the UK slowed in September, pushing the inflation rate down to its lowest level for nearly three years.

The Consumer Prices Index (CPI) measure of inflation stood at 2.2%, down from 2.5% in August.

The CPI level in September is usually used to work out the rise in a range of benefits from Jobseeker's Allowance to income support in April next year.

Hugh Pym reports.