Lower food prices in November helped UK inflation rate ease to 3.2% from 3.6% last month, according to new official data. Inflation – the rate at which prices rise – is now at its lowest level in eight months but remains above the Bank of England’s target of 2%. The size of the fall in inflation was larger than expected, with analysts having predicted a drop to 3.5%. Lower prices for food and drinks, tobacco and alcohol had contributed to the lower inflation figure.
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UK inflation dips by more than expected to 3.2%
