UK CPI year-on-year inflation hit 3.1% in November, and is predicted to be at a similar level for December. Part of an EU trend no doubt? Well no, as you might have guessed from the BBC's omitting comparative figures from its reports earlier this month. I extracted these figures for 2017 from http://www.inflation.eu/inflation-rates/
Month CPI inflation in France Estonia Italy UK
January 1.34% 2.76% 1.00% 1.91%
February 1.21% 3.41% 1.61% 2.30%
March 1.15% 2.82% 1.41% 2.30%
April 1.17% 3.18% 1.91% 2.69%
May 0.81% 3.33% 1.40% 2.89%
June 0.69% 2.91% 1.20% 2.68%
July 0.72% 3.57% 1.18% 2.58%
August 0.90% 3.93% 1.20% 2.87%
September 0.99% 3.67% 1.10% 2.97%
October 1.06% 3.78% 1.00% 2.96%
November 1.20% 4.24% 0.90% 3.16%
Italy has a similar economic mix to the UK. France by some measures has just overtaken UK in the table of richest nations. I have included Estonia as the only other EU nation where CPI was consistently above Britain's. However, it should be pointed out that this is a small and still fast-growing economy, exceeding 4% GDP growth in each quarter so far in 2017. UK did not reach 1% in any of those quarters.
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