U.K. inflation fell in November, a fresh sign that the surge in consumer prices around the world since early last year is easing
LONDON—The U.K.’s annual rate of inflation fell in November, a fresh sign that the surge in consumer prices around the world since early last year is easing as household spending power declines and central banksConsumer prices in the U.K. were 10.
7% higher than a year earlier, a slower rate of inflation than the 11.1% recorded in October as gasoline prices cooled, the Office for National Statistics said Wednesday. The core rate of inflation, which excludes energy and food, fell to 6.3% from 6.5%.
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