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new figures here in the uk show that the rate at which prices are rising has fallen sharply, hitting single figures for the first time since last august. the annual rate for april fell to 8.7%, down from 10.1% in march, but still higher than predicted. a quick global comparison in the us, the rate of inflation stood at 4.9% in the 12 months to april, falling for the tenth month in a row. the eurozone rate rose slightly in april to 7%, but that figure is still down from 8.5% in february. the bbc s economics correspondent andy verity explained. if you want to be half full, at least it s in single digits now. for three months in a row, it s defied expectations it would drop into the single digits, and it stayed in double digits. so that has been coming down, and there are some nice signs like for example, petrol is cheaper than it was a year ago, some second hand cars have been coming down in price, and generally goods price inflation, which has been driving this, has subsid
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