Forecast-beating drop in November takes rate to lowest level in more than two years
Britain’s two-year cost of living crisis showed further signs of easing in November as the annual inflation rate dipped far more sharply than expected to 3.9% – its lowest in more than two years.
The Office for National Statistics (ONS) said inflation as measured by the consumer prices index had dropped sharply for a second month from 4.6% in the year to October – continuing the recent downward trend.
Continue reading…Forecast-beating drop in November takes rate to lowest level in more than two yearsBritain’s two-year cost of living crisis showed further signs of easing in November as the annual inflation rate dipped far more sharply than expected to 3.9% – its lowest in more than two years.The Office for National Statistics (ONS) said inflation as measured by the consumer prices index had dropped sharply for a second month from 4.6% in the year to October – continuing the recent downward trend. Continue reading…