Article preview: New economic data is painting an interesting picture of low inflation and falling employment. The latest official figures come at a pivotal moment for the UK economy, ahead of the 31st October Brexit deadline and indications of a new deal. Price inflation failed to rise in line with the expectations of economists last month. The official rate of inflation remained low due to falling petrol prices. Prices at the pump fell by their fastest pace in more than three years, reigning in an inflationary rise in the year to September. Fuel prices fell by 2.1% compared with a year earlier.
Low inflation and falling unemployment
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This 423-word article provides an update on the latest price inflation and employment figures. Written on 17th October 2019.
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