UK inflation rate falls to 4.2% in December

The rate of Consumer Prices Index (CPI) inflation in the UK fell to 4.2% in December, down from 4.8% the month before, according to the Office for National Statistics (ONS).

Retail Prices Index (RPI) inflation – which includes mortgage interest payments – fell to 4.8% from 5.2%

via BBC News – UK inflation rate falls to 4.2% in December.

A little bit of reasonable news, but a drop 0.6% is really a statistically insignificant number.

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