Inflation surprises with 'temporary' fall to 0.9% in October

October's fall to 0.9% is down from 1% in September, which was a 22-month high and followed two months of increases. The Office for National Statistics said lower clothing prices and university tuition fees drove down the overall figure, despite uplifts from higher petrol prices. However, the ONS said the depreciation in sterling is yet to feed through to the High Street but said the pressure on companies to raise prices is building. The cost of goods leaving factory gates rose by 0.6% from September, taking the annual rate to 2.1% - the fastest since April 2012, according to Bloom...