UK inflation slowed sharply in November to 3.9 per cent, triggering a slide in the pound, a stock market rally and increased expectations of an interest-rate cut early next year.
Wednesday’s number was well below the 4.4 per cent year-on-year increase in consumer prices predicted by economists in a Reuters poll, as inflation was tugged lower by petrol, food and leisure.
The 3.9 per cent figure was also the lowest inflation rate since September 2021, according to the Office for National Statistics data, fuelling speculation about when the Bank of England will reduce interest rates from their 15-year high.
您已阅读12%（609字），剩余88%（4359字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。