Inflation could drop to below 1 per cent next year as the slump in oil prices and the weight of the economic downturn drag price rises into negative territory, it has been warned.
Tim Congdon, the prominent analyst who set up Lombard Street Research and has advised previous governments, said the Consumer Price Index could come down "very sharply" from its current heights
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/08/17/cncpi117.xml
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