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UK inflation rate hits four-year low

The UK's inflation rate fell to a fresh four-year low in February, driven by a drop in the price of petrol.

The UK's inflation rate fell to the Bank of England's target of 2% last month for the first time since November 2009.

Rising fuel prices pushed inflation up in February, with the consumer price index gaining 0.7% , its largest monthly gain in nearly four years.

China's inflation rate hits a 10-month high in February, as Lunar New Year festivities drive up food prices.

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