UK inflation falls as virus restrictions tighten - GulfToday

UK inflation falls as virus restrictions tighten

UK-Economy

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Gulf Today Report

In November, Britains’ inflation rate declined drastically as tighter restrictions imposed led to price reduction for clothes and food, indicated official data.

According to the National Statistics, the UK’s Consumers Prices Index reduced by 0.3 per cent in November from 0.7 per cent in October. 


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Analysts’ prediction has reduced inflation to 0.6 per cent.

ONS statistician Jonathan Athow said, "with significant restrictions in place across the UK, inflation slowed, predominantly due to clothing and food prices."

 

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