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UK consumer inflation disappoints
The Consumer Prices Index (CPI) rose by 0.9% in the year to October 2016, compared with a 1.0% rise in the year to September.
Although the rate was slightly lower than in September 2016, it remained higher than the rates otherwise seen since late 2014.
The main downward contributors to the change in the rate were prices for clothing and university tuition fees, which rose by less than they did a year ago, along with falling prices for certain games and toys, overnight hotel stays and non-alcoholic beverages.
These downward pressures were offset by rising prices for motor fuels, and by prices for furniture and furnishings, which fell by less than they did a year ago.
CPIH (not a National Statistic) rose by 1.2% in the year to October 2016, unchanged from September.
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