UK inflation slows to 3.9 percent - lowest rate in 2 years

UK inflation slows to 3.9 percent - lowest rate in 2 years (Image: Getty) UK inflation eased back to its lowest level for more than two years last month as falling petrol prices helped drive a bigger-than-expected fall, official figures show. The Office for National Statistics (ONS) said the rate of Consumer Prices Index inflation fell to 3.9 percent in November, down from 4.6 percent in October, and the lowest level since September 2021. Most economists had been expecting inflation to fall to 4.3 percent last month. Grant Fitzner, chief economist at the Office for National Statistics (ONS), commented: "Inflation eased again to its…