Why has inflation fallen and what does it mean for households?

UK inflation fell by more than expected last month (Danny Lawson/PA) - (PA Wire)

UK inflation fell by more than expected last month, with the price of clothes and shoes declining for the first time in more than three years.

Consumer Prices Index (CPI) inflation was 2.8% in February, down from 3% in January, the Office for National Statistics (ONS) said.