Article 5BQ5D UK inflation driven down by discounting from clothing retailers

UK inflation driven down by discounting from clothing retailers

by
Richard Partington Economics correspondent
from Economics | The Guardian on (#5BQ5D)

ONS says consumer prices index fell to 0.3% in November from 0.7% a month earlier

Steep discounting by clothing retailers pushed down UK inflation in November as the second national coronavirus lockdown in England and tough restrictions across the country kept consumers away from the high street.

The Office for National Statistics (ONS) said the consumer prices index fell to 0.3% in November from 0.7% a month earlier. City economists had forecast an inflation rate of 0.6%

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