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VIDEO: How is inflation affecting you?

Steph McGovern speaks to business owners and families in Ottery St Mary about how they feel about the effects of inflation.

February's figure was the first time that consumer prices had not risen for nearly two years - but people have more money in their pockets.

The latest inflation basket shows that yoghurt drinks and sat-navs are out and protein powders and craft beers are in.

Governor of the Bank of England Mark Carney responds to the inflation rate reduction by saying the figures will be welcomed by consumers.

The Chancellor has welcomed news that inflation, as measured by the consumer price index, has fallen to 0.5%.

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