UK consumer price inflation reached its lowest level in more than two years in November, strengthening calls for early rate cuts even as Bank of England remains more cautious on signaling future easing.
Corrects first para UK consumer price inflation eased sharply to a two-year low in October, official data showed on Wednesday. Consumer prices grew 4.6 percent year-on-year in October, slower than the 6.
UK consumer prices rose at the slowest pace in nearly one-and-a-half years in July, the Office for National Statistics said Wednesday. Consumer price inflation slowed to 6.
UK consumer price inflation slowed in April but the core rate accelerated unexpectedly, data from the Office for National Statistics showed on Wednesday. The consumer price index registered an annual increase of 8.
UK consumer prices increased more than expected in March to remain stubbornly high on rising food prices and strengthened the call for a quarter point interest rate hike at the next Bank of England policy meeting in May.