CPI

Decline in headline CPI rate will come as ‘relief’ to both Treasury and Bank of England

Down from 2.6% in November

MPC meeting on interest rates to take place on 19 December

Industry argues Inflation fall means Bank of England has 'clear path' to cut interest rates

Services inflation remains 'sticky' ahead of MPC meeting on interest rates

Services inflation in decline alongside gas and electricity prices

Move comes despite return to CPI target

Inflation hits Bank of England's target for the first time since 2021

CPI falls to higher than expected 2.3% in April

CPI figure lower than expected after remaining stagnant at 4%