UK inflation turns positive in November

Largely unchanged over year

The UK's CPI measure of inflation rose by 0.1% in the year to November 2015, the first positive recording since July.

The Office for National Statistics said the Consumer Prices Index was boosted by 0.1% due to upward movements in transport costs, as well as alcohol and tobacco prices. However, falling clothing prices partially offset the rise. Last month, the figure was in deflationary territory at -0.1%. It fell to zero in August, after a 0.1% rise was reported the previous month. The ONS noted inflation had largely been unchanged for a year as the "headline rate of inflation remains negligible". Many had expected the UK to return to inflation by the end of the year and rise slowly, giving the B...