Danny Alexander: 'Inflation fall is a welcome relief for families'

Chief Secretary to the Treasury Danny Alexander has told ITV News the fall in inflation is a "welcome relief" for families who have been under financial pressures in recent years.

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Inflation lowest since Nov 2009

There is good news for the economy after official figures revealed inflation had fallen to a two-and-a-half-year low. The Consumer Prices Index measure of inflation fell to 2.8% in May, from 3% in April.