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Inflation Slows To 4.6% As Government Says Pledge Met

UK inflation fell sharply in October to its lowest rate in two years, largely due to lower energy prices.

The rate at which consumer prices rise dropped to 4.6% in the year to October, down from 6.7% the month before.

The government says its pledge to halve inflation by end of the year has been met early. But there is a limit to how much credit ministers can take for the fall as energy prices settle.

Read the full article on the BBC website