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what's going on with inflation the
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latest inflation figures came in below
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expectations easing the pressure on
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Chancellor Rachel Reeves let me explain
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the numbers in less than a minute
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headline inflation fell to 2.5% in
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December down from 2.6% the month before
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and this was slightly below economists
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expectations this doesn't mean that
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prices are decreasing but the rate that
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prices are going up is slowing the fall
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in the headline rate was driven by lower
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hotel prices and tobacco prices
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increasing at a slower Pace than
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previously Services inflation a crucial
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gauge of homegrown inflationary pressure
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4.4% this was down from 5% previously
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and well below expectations of 4.8% are
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you feeling the pinch of inflation at
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the moment let us know in the comments
