Published: 16/10/2024 By Andrew Greenwood
UK inflation fell unexpectedly to 1.7% in the year to September, the lowest rate in three-and-a-half years.It means the annual rate prices are rising at is now below the Bank of England's 2% target, paving the way for further interest rate cuts.
Lower airfares and petrol prices were the main drivers behind the surprise slowdown, official figures showed, external.
