'Welcome news for consumers' as inflation drops to three-year low

1.5% in October

Anna Fedorova
'Welcome news for consumers' as inflation drops to three-year low

UK inflation fell to a three-year low in October as the cost of electricity, gas and other fuels were capped, the Office for National Statistics (ONS) has revealed.

UK CPI fell to 1.5% in October from 1.7% in September, below analysts' estimates of 1.6%, after the energy regulator Ofgem lowered its price caps last month, causing energy prices to slump. Gas ...

To continue reading this article...

Join Professional Adviser


  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?