Inflation drops sharply to 3.2% in November after food prices fall

Inflation fell sharply in November, driven mostly by a drop in food prices, according to the Office for National Statistics (ONS).
The rate of Consumer Prices Index (CPI) inflation fell to 3.2% in November, from 3.6% in October – a smaller drop to 3.5% had been widely anticipated by economists.
The figure marks the lowest CPI rate since March this year. It means prices are still rising, but at a slower rate than they were before.
Food and drinks, as well as alcohol and tobacco, were the biggest factors pulling on the overall rate of inflation last month. Decreases were seen particularly for cakes, biscuits and breakfast cereals.
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