UK CPI slowed to 0.3% yoy in Nov, CPI core dropped to 1.1% yoy

UK CPI slowed sharply to 0.3% yoy in November, down from 0.7% yoy, missed expectation of 0.6% yoy. CPI core slowed to 1.1% yoy, down from 1.5% yoy, missed expectation of 1.4% yoy. RPI also slowed to 0.9% yoy, down from 1.3% yoy, missed expectation of 1.3% yoy.

PPI input came in at 0.2% mom, -0.5% yoy. PPI output was at 0.2% mom, -0.8% yoy. CPPI core output was at 0.0% mom, 0.9% yoy.

Full release here.