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The Independent UK
The Independent UK
National
Barney Davis

UK inflation rate slows to lowest level for more than two years

PA

UK inflation eased back to its lowest level for more than two years last month as falling petrol prices helped drive a bigger-than-expected fall, official figures show.

The Office for National Statistics (ONS) said the rate of Consumer Prices Index inflation fell to 3.9% in November, down from 4.6% in October, and the lowest level since September 2021. Most economists had been expecting inflation to fall to 4.3% last month.

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