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The Guardian - UK
The Guardian - UK
Business
Richard Partington Senior economics correspondent

UK inflation falls sharply to 3.2% amid slowdown in food price rises

A man buying fruit and veg in a supermarket
Inflation in food and drink prices slowed to 4.2% in November. Photograph: Islandstock/Alamy

UK inflation fell by more than expected in November to the lowest level in eight months amid a slowdown in food prices, clearing the way for the Bank of England to cut interest rates on Thursday.

In a crunch week for the economy, the Office for National Statistics said the rate as measured by the consumer prices index eased to 3.2% last month from a reading of 3.6% in October. City economists had forecast a modest drop to 3.5%.

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