( ) -q-21- UNDATED (Correspondent Jeremy House) “time last year.” Inflation in the U.K. as measured by the consumer prices index has eased back to its lowest level in more than two years. [CutID: <Cuts> UK-INFLATION-house-q-WEDam.mp3 Time: 21s Title: UK-INFLATION-house-q-WEDam Out-cue: time last year] TAG: Correspondent Jeremy House reporting. The sharp fall has stoked speculation […]
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UK rate cut speculation swells as inflation falls to 2-year low of 3.9%
( ) -q-21- UNDATED (Correspondent Jeremy House) “time last year.”
Inflation in the U.K. as measured by the consumer prices index has eased back to its lowest level in more than two years.
[CutID: <Cuts> UK-INFLATION-house-q-WEDam.mp3
Time: 21s
Title: UK-INFLATION-house-q-WEDam
Out-cue: time last year]
TAG: Correspondent Jeremy House reporting. The sharp fall has stoked speculation that the Bank of England may consider cutting interest rates sooner than anticipated.
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VERBATIM: Britain’s Office for National Statistics says inflation dropped to 3.9% in the year through November from 4.6% the previous month. That decline was bigger than anticipated in financial markets. The agency said the biggest driver for the decrease was a drop in fuel prices after an increase at the same time last year.