The slight drop last month in the overall rate of inflation to 2.5% was driven by changes in the cost of transport, household furniture and live entertainment, offset by prices rising for certain items such as children’s shoes, butter and eggs.
Transport was responsible for some of the biggest movements in prices, with the average cost of air travel dropping 26% year-on-year in December, compared with no change in November, while the cost of bus and coach travel rose by just 0.7%, much slower than the jump of 5.7% in November.
