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UK inflation falls❗

15 Jan 2025

UK inflation falls❗


The Office for National Statistics have announced that UK inflation fell unexpectedly in December for the first time in three months. 


The consumer prices index rose by 2.5% in the 12 months to December, down from 2.6% in November, according to the Office for National Statistics. Economists had expected inflation to stay steady at 2.6%.


Core inflation fell to 3.2% from 3.5%, a bigger drop expected. City analysts had expected the rate to edge lower to 3.4%.

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