UK inflation steady at 2.4% in October after food price war
by Phillip Inman from Economics | The Guardian on (#42XCJ)
A rise had been predicted and ONS says cost of fuel pushed up cost of living
UK inflation was unchanged at 2.4% in October after a rise in the cost of petrol and utility bills was offset by falling food prices.
City economists had predicted an increase to 2.5% but a price war on the high street, especially among food retailers, drove down the cost of the weekly shop and held back consumer inflation.
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