🇬🇧 UK Inflation Update

UK inflation fell more than expected to 3.2% in November, down from 3.6% in October 📉 — the lowest level since March and a welcome surprise for markets. The drop was mainly driven by lower food and drink prices, including cakes, cereals, and biscuits, alongside cheaper women’s clothing.

This softer CPI print is strengthening expectations that the Bank of England could cut interest rates soon, possibly as early as December 💷

Lower inflation supports household savings, eases pressure on borrowers, and could improve overall consumer confidence.

While progress is clear, inflation remains above the BoE’s 2% target, meaning policymakers aren’t done yet.

👇 Thoughts on rate cuts ahead? 🚀