Inflation in November drops to lowest annual rate since March as cakes, biscuits and breakfast cereals become cheaper
Good morning and welcome to our rolling coverage of business, the financial markets and the world economy.
Inflation in the UK slowed more than expected last month because of lower food prices.
Inflation fell notably in November to its lowest annual rate since March. Lower food prices, which traditionally rise at this time of the year, were the main driver of the fall with decreases seen particularly for cakes, biscuits, and breakfast cereals,
Continue reading…Inflation in November drops to lowest annual rate since March as cakes, biscuits and breakfast cereals become cheaperGood morning and welcome to our rolling coverage of business, the financial markets and the world economy.Inflation in the UK slowed more than expected last month because of lower food prices.Inflation fell notably in November to its lowest annual rate since March. Lower food prices, which traditionally rise at this time of the year, were the main driver of the fall with decreases seen particularly for cakes, biscuits, and breakfast cereals, Continue reading…
