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    The latest date from the Office of national statistics shows that prices rose less than expected in the previous month. The CPI measure of inflation remained at 2.4%. The RPI (which includes housing costs) rose to 3.7%. However this was less than expected and in the Bank’s latest inflation report they r
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    that prices rose less than expected in the previous month. The CPI measure of inflation remained at 2.4%. The RPI (which includes housing costs) rose to 3.7%. However this was less than expected and in the Bank’s latest inflation report they
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    he CPI measure of inflation remained at 2.4%. The RPI (which includes housing costs) rose to 3.7%. However this was less than expected and in the Bank’s latest inflation report they
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    includes housing costs) rose to 3.7%. However this was less than expected and in the Bank’s latest inflation report they
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    han expected and in the Bank’s latest inflation report they reduced their inflation forecasts for next year to “around 2%” for the middle of next year.

    The reasons for offering a lower inflation forecast is due to a number of reasons. Firstly oil prices have fallen,by 23% since August, due to incr

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