UK inflation: Why a small drop matters to you

Getty ImagesA marginal dip in the headline rate of inflation would not normally determine much, if anything.Inflation rising at 2.5% rather than 2.6% does not change much in big economics, nor in the cost of living squeeze felt by households. The fall is entirely accounted for by falls in hotel prices and a smaller-than-usual rise in airfares in December.But this unusually important 0.1% drop signals relief, and…