OPINION - The Standard View: Sharp fall in inflation is a welcome boost for government and consumers alike
by Evening Standard Comment
Dec 20, 2023
2 minutes
Forget gold, frankincense and myrrh. The best Christmas present for government and consumers alike is a sharp drop in the rate of inflation.
The headline Consumer Prices Index (CPI) fell sharply to 3.9 per cent in November from 4.6 per cent the previous month, a far larger reduction than expected by City economists.
The Office for National Statistics attributed
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