UK inflation cools to 3.6% in October, boosting chance of a Christmas rate cut
Cătălin Roșioru
The U.K.'s inflation rate cooled to 3.6% in October, marking one of the last major economic data releases ahead of the government's Autumn Budget next week. Economists polled by Reuters had expected a rate of 3.6% in the twelve months to October, down from 3.8% in September. Core inflation, excluding energy, food, alcohol and tobacco, rose by 3.4% in the year to October, down from 3.5% in September, according to the latest figures from the Office for National Statistics. "Inflation eased in
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