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The Office for National Statistics said that inflation dropped to 3.9% in the year to November, its lowest level since September 2021, from 4.6% the previous month. That decline was bigger than ...
September 20, 2023 at 2:27 AM. ... “Today’s news shows the plan to deal with inflation is working – plain and simple. ... “The UK is forecast to have the highest inflation of any major ...
Rate-setters had anticipated a pickup in inflation when the central bank last cut rates in early November as price pressures eased earlier in the year — in September, inflation had fallen to its ...
The latest inflation data will come after ONS figures showed wage growth rose by more than expected in the three months to October. Earnings growth also outstripped inflation by 3% over the same ...
It comes ahead of the Bank of England’s latest interest rate decision on Thursday, with policymakers widely expected to keep rates on hold at 5.25%.
Earlier this month, the bank decreased its main interest rate by a quarter of a percentage point to 4.75% — the second in three months — after inflation fell to its lowest level since April 2021.
UK house price inflation in May this year was running at about one-seventh of the levels seen at the end of last summer – around £7,000 below a recent peak seen in September 2022, according to ...
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