UK inflation fee falls to 2.5% in December | EUROtoday

UK inflation fell barely final month as resort costs dipped and tobacco prices eased.

Prices rose 2.5% within the yr to December, down from 2.6% the month earlier than, the Office for National Statistics (ONS) stated.

Despite the drop, the speed of worth rises stays above the Bank of England’s goal.

The newest figures come after strain has elevated on public funds in current days as a result of authorities borrowing prices hitting their highest degree for a number of years.

https://www.bbc.com/news/articles/cg45lwkx23xo