UK inflation falls to 2% target rate in December
14 January 2014 Last updated at 23:31 GMT
The UK's inflation rate, as measured by the Consumer Prices Index, fell to 2% in December, down from 2.1% the month before.
It is the first time inflation has been at or below the government-set target of 2% since November 2009.
The Office for National Statistics said the fall was caused by slower increases in the prices of food.
Hugh Pym reports.