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National Statistics Office said

main downward pressure came in October food costs because of the widespread discounts in supermarkets

UK inflation has fallen for several years because of high food price war in supermarkets, paving the way for the Bank of England to inject more money into the ailing economy of the Great Britain.

official data showed inflation in October was 5%, down 5.2% in September and below the 5.1% forecast in a Reuters poll of economists.

rate, measured by the price index (CPI) is still more than double the Bank established by the government's target of 2%, but the authorities have defended their decision to inject money into the economy - a move that could stoke price pressures -. with the assertion that inflation would soon start on a downward track

Economists said

the latest CPI data provided support for the position of the bank.

"Reducing the inflation rate marks the beginning of what may be a weak trend, with the likely expansion rate still significant in the coming months as gas prices increase and the increase in VAT in January fell year to year comparisons. The rate could fall to the target over the next 12 months, "said Chris Williamson, chief economist at Markit.

Publication of

the latest inflation figures, the Office for National Statistics said the main downward pressure came in the October low cost of food due to widespread discounts in supermarkets and good crops to produce some. Food prices fell 0.9% between September and October, the biggest drop in two months of the year 1996, such as fruits and vegetables have fallen faster.

changes in rates and oil prices also helped.

But there was an upward pressure on inflation in the prices of clothing and in the latter part of the electricity and gas bills.

Measuring the inflation index of retail prices (CPI), which is used in many wage settlements, was also softer than expected at 5.4%, compared to 5 6% in September.

The pressure on household bills accompanied by an increase of the austerity measures the government, economic concerns and job insecurity has affected drive consumer spending, companies say.

"With many employers can not afford a wage increase above the inflation target will be to increase pressure on already cash-strapped households. We urge the government to introduce a fuel stabilizer and truly have to check the price increases in the energy market to help households and businesses to better plan their finances, "said National President John Walker.

work took inflation figures as proof of the contraction of retirees and families in particular.

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