There has been more good news for household budgets with confirmation that inflation eased further in March.
The Office for National Statistics (ONS) charted a fall in the headline Consumer Prices Index (CPI) to an annual rate of 1.6% - down from 1.7% in the previous month - which marked a new four-year low..
This was driven, the ONS said, by falling fuel, clothing and furniture costs.
The figure raised hopes that a milestone in the UK's economic recovery could be reached as early as Wednesday, when the ONS releases the latest unemployment and wage statistics which many economists believe will show pay packets rising at a faster level than inflation.
Earnings have not increased at a higher rate than inflation since a brief spike in March and April 2010 and have not consistently been improving since 2008.
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