Food price drop eases in­fla­tion

Midweek Sport - - FRONT PAGE -

THE rate of Consumer Prices In­dex in­fla­tion in the UK fell to 4.8 per cent in Novem­ber, down from 5% in Oc­to­ber, ac­cord­ing to the Of­fice for National Sta­tis­tics.

The rate re­mains above the Bank of Eng­land’s tar­get of 2%.

Re­tail Prices In­dex in­fla­tion – which in­cludes mort­gage in­ter­est pay­ments – fell by 0.2% to 5.2%.

The fall is partly due to a wel­come slow­down in food and drink prices across the board.

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