IoD – Significant decline in inflation is a welcome ray of sunshine for business
Commenting on today’s data from the Office of National Statistics, that showed the annual rate of CPI inflation fall from 6.7% in September to 4.6% in October 2023, Dr. Roger Barker, Director of Policy at the IoD, said: “Although this month’s sharp decline in inflation was already baked into the numbers, due to the downward adjustment of…