U.K. inflation declines to lowest in one year

Source: Bloomberg
Consumer price index in the United Kingdom fell to 2.2% in October of the current year from 2.7% in September, as analysts expected the inflation to slower to 2.5%. At the same time, the core inflation dropped to 1.7%, which excludes tobacco, alcohol, food and energy. Statistical Office said that a decrease in inflation was mainly driven by air fares, fuel and tuition prices' slump.

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