Inflation Makes Surprise Drop to 3.9 Percent

Chancellor Jeremy Hunt declaring the UK is ‘back on the path to healthy sustainable growth.’

People shop in the meat aisle in a Lidl supermarket in Walthamstow, east London, on March 20, 2020. Tolga Akmen/AFP via Getty Images

The UK’s Consumer Prices Index (CPI) inflation has fallen to 3.9 percent in November, 0.4 points lower than what economists had predicted.

Prime Minister Rishi Sunak hailed the “good news,” with Chancellor Jeremy Hunt declaring the UK is “back on the path to healthy sustainable growth.”