One of the joys of 24hour news is that stories are written before they actually happen, hence the morning news declaring "DEFLATION IS BACK" before the ONS announced that actually it wasn't.
From the ONS website:
Retail Prices Index (RPI) inflation slowed to 0.0 per cent in February, down from 0.1 per cent in January. The main factors affecting the CPI also affected the RPI. Additionally, there was a large downward pressure from housing with the main effect coming from mortgage interest payments which are excluded from the CPI.
