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Evening Standard
Evening Standard
Comment
Jack Kessler

OPINION - Inflation sees sharp fall to 3.9% – but don't expect an interest rate cut just yet

If you worried it was getting awfully close to Christmas and there might not be time for another West End Final about inflation, I have good news. 

The headline Consumer Prices Index fell sharply in November to 3.9 per cent from 4.6 per cent the month before. This represents the lowest rate of inflation for two years, driven by a drop in the cost of petrol and diesel, along with an easing of the rate for a range of everyday groceries such as bread, eggs, pasta and soft drinks.

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