UK inflation rate falls to 2.8% in July

The rate of consumer price index (CPI) inflation fell to 2.8% in July, down from 2.9% in June, according to the Office for National Statistics (ONS). The Bank of England's target for CPI inflation is 2%. via Pocket http://www.bbc.co.uk/news/business-23678274#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa