Sterling drops as inflation falls to lowest rate in 2018 in September

Down from 2.7%

Laura Dew
 Inflation fell from 2.7% to 2.4% in September

Inflation fell from 2.7% to 2.4% in September

UK inflation fell to 2.4% in September, down from 2.7% in August, the lowest level this year and therefore reducing pressure on the Bank of England to raise interest rates.

According to the Office for National Statistics, the Consumer Price Index decreased as a result of falling prices for food and non-alcoholic beverages as well as transport and recreation and culture...

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