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Evening Standard
Evening Standard
Business
Jonathan Prynn

Interest rate cut 'nailed on' as inflation falls to lowest since March

Inflation

The annual rate of inflation has fallen to its lowest level since March opening the door to another interest rate cut next month.

The Consumer Prices Index (CPI) - the headline rate of inflation - dropped from 3.4% to 3% in December, according to figures from the Office for National Statistics (ONS).

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