"A February return to the printing presses by the Bank of England looked all but certain today after the biggest drop in the cost of living for nearly three years.
The fall in the Bank's consumer prices index benchmark from 4.8% to 4.2% in December, driven by deep High Street price cuts and much smaller hikes in petrol prices than a year earlier, marks the start of a year of steeply falling inflation, easing the squeeze on household finances."
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