UK inflation dropped unexpectedly to 2.5% in December

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UK inflation dropped unexpectedly to 2.5% in December

UK inflation unexpectedly fell to 2.5% in December – the first time it’s decreased in three months.

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The figures will ease the pressure on the Chancellor Rachel Reeves – who has faced criticism after government borrowing caused a fall in the value of the pound.

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Date: January 15, 2025