
Economists expect CPI rate to fall almost two points to 4.8%, helped by energy price cut and slowing food inflationThe annual pace of price rises is expected to have slowed sharply when the latest official figure for October is released on Wednesday, easing fears that the Bank of England could increase interest rates next month.City economists polled by Reuters have signalled that inflation as measured by the consumer prices index (CPI) will fall almost two percentage points to 4.8% from September’s 6.7% reading. Continue reading...
