UK inflation at lowest in more than two years

2023-12-20 14:40:51


UK inflation slowed to 3.9% year-on-year in November, reaching its lowest level since September 2021. In October, inflation was still at 4.6%. This slowdown is notably due to the fall in fuel prices.

This level is lower than the expectations of analysts, who expected a drop to 4.3%.

“Inflation has fallen again to its lowest level in more than two years. However, prices still remain well above the pre-war level in Ukraine,” said the chief economist of the National Office of statistics (ONS) at the PA Media agency.

1703597681
#inflation #lowest #years

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.