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The Independent UK
The Independent UK
Business
Howard Mustoe and Millie Cooke

Inflation unexpectedly falls to 2.5% in boost for Reeves’s plans

Inflation fell unexpectedly in December in a boost for chancellor Rachel Reeves, who is under growing pressure after days of economic turbulence.

The rate of Consumer Prices Index (CPI) inflation fell to 2.5 per cent in December from 2.6 per cent in November, the Office for National Statistics said. Most analysts had been expecting the inflation rate to remain unchanged at 2.6 per cent last month.

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