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Evening Standard

Business

Jonathan Prynn

Rate of inflation in big fall to 3.9%

Inflation Bank of England Sarah Breeden United States

The rate of inflation fell sharply again in November in what was described as an "early Christmas present" for consumers, official figures reveal today.

The headline measure of the rise in the cost of living, the Consumer Prices Index (CPI) dropped to 3.9% from 4.6% in October, a much bigger fall than expected by City economists.

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