UK inflation eased to 3.2% in November, down from 3.6% in October, driven by lower food, energy, and service prices, though still above the 2% target.

UK inflation slowed to 3.2% in November, down from 3.6% in October, according to official data, marking a slight cooldown below forecasts. The decline was driven by lower prices for food, energy, and services, though core inflation remained elevated, reflecting persistent underlying price pressures. The figures suggest inflation is trending downward but still above the Bank of England’s 2% target.