Household services contributed the biggest decline towards overall falling inflation
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Household services contributed the biggest decline towards overall falling inflation
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Inflation fell to 3.6 per cent in October, in a pre-Budget boost to Rachel Reeves - as well as to consumers and businesses.
Drop in October’s annual rate raises hopes of interest rate cut after Rachel Reeves’s tax and spending statement
Economic news plus latest business, stock market and personal finance updates from Wednesday
Economists predict inflation is now on track to drop to the government target of 2% in April, providing some relief for…
Chancellor Rachel Reeves will be keeping a close eye on inflation data ahead of her autumn budget, due next Wednesday.
Rachel Reeves hints there will be budget measures to push down prices and Bank of England is likely to act
The rate of consumer prices index inflation fell to 3.2 per cent in November, from 3.6 per cent in October
