The CPI inflation rate dropped from 4.6% in October to 3.9% in November, continuing a rapid decline seen in recent months.

CPI inflation in the 12 months to October fell to 4.6%, a significant drop on the 6.7% rate in September.

The Consumer Prices Index rate of inflation held steady at 6.7% in September, disappointing some commentators.

The Consumer Prices Index, the key measure of UK inflation, showed a surprise fall in August to 6.7% from 6.8% in July.