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UK inflation slows more than expected to 3.9% amid drop in price of petrol, bread and cakes – business live

Inflation lowest since September 2021; pound falls below $1.27 as data adds pressure on Bank of England to lower interest rates ....

United Kingdom , Sandra Horsfield , Office For National Statistics , National Statistics ,

UK inflation falls to 3.9pc in November

LONDON: UK inflation slowed sharply in November to 3.9 per cent, triggering a slide in the pound, a stock market rally and increased expectations of an interest-rate cut early next. ....

United Kingdom , City Of , Seema Shah , James Smith , Ben Broadbent , Sandra Horsfield , Jeremy Hunt , Office For National Statistics , Boe Monetary Policy Committee , National Statistics , Prime Minister Rishi Sunak , Pantheon Macroeconomics , Monetary Policy Committee , Principal Asset Management ,