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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