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U.K. inflation fell sharply in October to 4.6% from 6.7% the...

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    • U.K. inflation fell sharply in October to 4.6% from 6.7% the previous month, hitting a two-year low.
    • The headline consumer price index was flat on a monthly basis. Economists polled by Reuters had expected the headline CPI to rise by 4.8% year-on-year and 0.1% from the previous month.
    • Core CPI — which excludes volatile food, energy, alcohol and tobacco prices — fell to an annual 5.7% in October from 6.1% in September.

 
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