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Evening Standard
Evening Standard
World
Nicholas Cecil

Inflation plunges to 4.6% meeting Sunak target and boosting hopes of mortgage rate falls

​​Rishi Sunak Inflation

Rishi Sunak met his pledge to halve inflation this year as it plunged to 4.6% in October.

The figure revealed on Wednesday - down from 6.7% in September - marks the lowest inflation rate for two years. Mr Sunak pledged to halve inflation to below 5.4% by the end of the year.

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