Covid-19: UK inflation eases to 0.2% on temporary steps to aid spending

The U.K. inflation rate fell to the lowest since 2015 last month, driven by government tax cuts and other stimulus designed to dig the economy out of the depth of the coronavirus crisis.
 

The reading of 0.2% was slightly higher than the zero forecast by economists, although the drop from July’s reading of 1% was still the biggest since 2008. It’s the latest sign of the volatility brought about by the pandemic, which saw output shrink by more than 20% in the second quarter.
 

Prices fell on the month as government measures to support businesses kicked in. Those include a