UK inflation rate falls more than expected to 3.9% in November –
On a month-on-month basis, headline CPI fell 0.2%, compared to a consensus forecast of a 0.1% increase. The core CPI – which excludes volatile food, energy, alcohol and tobacco prices – came in at 5.1% annually, well below the forecast of 5.6%. According to the Office for National Statistics, the largest downward contributions came from … [Read more…]