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U.K. Inflation Rate Above Zero for First Time in Four Months

  • Prices rise an annual 0.1% in November, matching forecast
  • Figures follow BOE warnings of low inflation affecting wages
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Photographer: Chris Ratcliffe/Bloomberg
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U.K. inflation edged back above zero in November for the first time in four months, a move that still leaves the rate a long way from the Bank of England’s target.

Prices rose an annual 0.1 percent in November after falling 0.1 percent in October, the Office for National Statistics said on Tuesday. Core inflation, which excludes volatile food and energy prices, accelerated to 1.2 percent from 1.1 percent.