UK inflation slowed more sharply than expected to 4.6 per cent in October thanks to a retreat in energy prices, allowing Prime Minister Rishi Sunak to declare he has met his pledge to halve the rate of price rises by year end.
The year-on-year rise in the consumer prices index was lower than the 4.8 per cent predicted by economists, and below the 6.7 per cent pace recorded for September.
The Office for National Statistics figures mean inflation is at its lowest pace since 2021.
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