RE: Not the time to sell20 Dec 2023 08:31
LONDON, Dec 20 (Reuters) -
British inflation fell by more than any economist polled by Reuters predicted in November, pushing the headline rate to its lowest since September 2021, according to data that will further fuel bets on Bank of England interest rate cuts next year.
The annual rate of consumer price increases fell to 3.9% from 4.6% in October, the Office for National Statistics said on Wednesday, while closely-watched core and services measures of inflation also fell.