Inflation falls faster than predicted ahead of BoE interest rate vote

On a monthly basis, the Consumer Prices Index (CPI) fell by 0.1% in November 2025, compared with a rise of 0.2% in the same month last year, according to figures released by the Office for National Statistics today (17 December). The drop in inflation was bigger than expected by a Reuters poll of economists, which had forecast a fall to 3.5%. Food and non-alcoholic beverages, and alcohol and tobacco made the largest downward contributions to the monthly change in CPI. Commenting on the inflation figures, chancellor Rachel Reeves, said: "I know families across Britain who are worrie...