Inflation nears two-year low as December CPI falls to 2.1%
Caused by falling oil price
Inflation fell to 2.1% in December
UK inflation fell from 2.3% to 2.1% in December, approaching its lowest rate for two years, according to the Office for National Statistics (ONS).
The Consumer Price Index (CPI) fell to 2.1% in December as a result of downward pressure from petrol prices and air fares. This is the lowest figure since January 2017, when inflation was 1.8%. Falling...
