UK inflation stays low despite rising cost of chocolate and holidays
by Richard Partington Economics correspondent from Economics | The Guardian on (#4WQYM)
Three-year low of 1.5% comes amid speculation that interest rates will be cut soon
UK inflation remained at the lowest level in three years in November despite rising prices for a variety of goods including chocolate, concert tickets and package holidays.
The Office for National Statistics (ONS) said the consumer prices index (CPI) held steady at 1.5% last month, the same level recorded in October, as the annual increase in some prices was offset by falling prices elsewhere, including for cigarettes and hotel rooms.
Related: UK wage growth slows again but employment hits record high
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