google-site-verification: googlec7193c3de77668c9.html

UK inflation dips by more than expected to 3.2%

Lower food prices in November helped UK inflation rate ease to 3.2% from 3.6% last month, according to new official data.

Inflation – the rate at which prices rise – is now at its lowest level in eight months but remains above the Bank of England’s target of 2%.

The size of the fall in inflation was larger than expected, with analysts having predicted a drop to 3.5%.

Lower prices for food and drinks, tobacco and alcohol had contributed to the lower inflation figure.


BBC News

Views: 1

See also  Fresh drive to fix shortfalls in UK's economic statistics | Money News

Check Also

Trump officials preparing for $250 note featuring Trump’s face

“As Americans struggle with the rising cost of gas, groceries, housing, and health care, President …

EU fines Temu €200m for allowing sale of illegal products

The investigation involved a mystery shopping exercise carried out by an independent testing organisation, which …

Former BP boss hits back at oil giant after his ousting saying he does not ‘accept the lies’ over his conduct | Money News

The former chairman of BP has come out swinging against his ousting, saying no one …

Leave a Reply

Available for Amazon Prime
Making digital tools accessible for everyone.