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Underlying Inflation Rate Rises During November
According to figures released by the Office of National Statistics, the underlying rate of inflation rose during November, to 2.2%. Despite the rise, it is still comfortably below the target of 2.5% set by the government.
The headline rate of inflation also increased, from 3.1% in October to 3.2% in November.
The Retail Prices Index for November was 172.1.
Subscribers can access RPI trends by selecting “Encyclomedia” from the drop-down box at the top of this page.
