Image:
Laith Khalaf, financial analyst at AJ Bell, attributed the fall to the “Black Friday effect"
UK Covid-19 restrictions in place throughout November pushed the country’s CPI inflation rate down to 0.3% from 0.7% in the previous month, according to data from the Office for National Statistics.
The CPIH 12-month rate, which includes owner occupiers' housing costs, also fell to 0.6% in November, down from 0.9% in October. Falling prices for clothing, and food and non-alcoholic beverages made...
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.
- Tap into our community intelligence through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
