The UK’s inflation rate, as measured by the consumer prices index, fell to a four-year low of 2.1% in November, down from 2.2% the month before.
The Office for National Statistics said the change was caused by slower increases in food and energy prices.
The ONS said this was because the impact of recently announced rises in energy prices were yet to take effect.
Inflation as measured by the retail prices index (RPI) remained unchanged at 2.6%.
via BBC News – UK inflation rate falls to four-year low in November
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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