Forecast-beating drop in November takes rate to lowest level in more than two years
Drop in inflation welcome but does not erase two years of painWhich goods and services have changed most in price?Business live – latest news
Britain’s two-year cost of living crisis eased last month as cheaper petrol and less expensive food helped send the annual inflation rate sharply lower to 3.9% – its second big monthly fall in succession.
In a much bigger decline than had been anticipated by economists, the annual rate of price rises fell from 4.6% in October to its lowest level since September 2021.
Continue reading… The Guardian Read More Forecast-beating drop in November takes rate to lowest level in more than two yearsDrop in inflation welcome but does not erase two years of painWhich goods and services have changed most in price?Business live – latest newsBritain’s two-year cost of living crisis eased last month as cheaper petrol and less expensive food helped send the annual inflation rate sharply lower to 3.9% – its second big monthly fall in succession.In a much bigger decline than had been anticipated by economists, the annual rate of price rises fell from 4.6% in October to its lowest level since September 2021. Continue reading…
