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Core inflation, which excludes energy, food, alcohol and tobacco, rose by 5.7%, down from 6.1% in September and its peak of 7.1% in May.
UK inflation declined sharply in October, falling to an annualised rate of 4.6% from 6.7% in September, according to data from the Office for National Statistics (ONS).
The drop in housing prices was the largest contribution to the fall in inflation, contributing 1.6 percentage points to the 2.1 percentage point decline. The ONS reported that the drop had been ...
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