 Prior 11.1CPI 0.4 vs 0.6 mm expectedPrior 2.0Core CPI 6.3 vs 6.5 yy expectedPrior 6.5Core CPI 0.3 vs 0.5 mm expectedPrior 0.7The more-than-expected drop in UK inflation is a welcome development but relative to historical prices, this is still a very high reading as it comes off the over 11 reading in the October report. Here is a breakdown of the details: 