UK inflation falls to 2.2%

Written By Unknown on Selasa, 12 November 2013 | 16.50

12 November 2013 Last updated at 04:47 ET

The UK's inflation rate, as measured by the consumer prices index (CPI), fell to 2.2% in October from 2.7% the month before.

The surprise fall saw CPI inflation drop to its lowest rate for more than a year, and eases pressure on the Bank of England to raise interest rates.

The figure was below forecasts of 2.5% and is the lowest since September 2012.

The ONS said the fall was driven by the biggest drop in transport prices since July 2009.


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