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Inflation Falls 29 July 2004

The rate of inflation for All Items fell to 4.8% in July. The rate for All Items Excluding Housing now stands at 4.9%.

Over the 12 months to mid-July all categories with the exception of Leisure goods (-0.3%) recorded an increase. The largest were in Motoring expenditure (10.3%) and Fuel and light (9.3%).

The General Index of Retail Prices for July now stands at 114.6 (January 2000 = 100.0).

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