Inflation rates slow

November saw the slowest inflation rates for over two years. The Retail Prices Index (RPI) rate was 5.3%, down from 6.1%,.

The Consumer Prices Index (CPI) rate was 3.9%, down from 4.6%.

With a housing element, CPIH inflation was 4.2%, down from 4.7%.

“Core” CPI inflation (excluding energy, food, alcohol and tobacco) was 5.1%, down from 5.7%.