UK inflation for November has fallen more than expected this morning, providing some much-needed relief for both consumers and households.
Inflation had been expected to fall from 3.6% to 3.5%, but due to a drop in Food, Tobacco and Women's Clothing, inflation has fallen to 3.2% which is it's lowest levels since March of this year.
Services Inflation also dropped from 4.5% to 4.4%, and this now makes an interest rate cut by the Bank of England tomorrow all but nailed on. The expectation is a 25 basis-point cut from 4% to 3.75%.
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