Pound euro exchange rate: GBP drops against EUR as inflation dips to 2.4 per cent

THE pound is trading down around 0.3 per cent at a rate of €1.136 against the euro this morning following the release of the latest UK inflation figures. The Consumer Price Index for September was revealed to have fallen to 2.4 per cent on an annualised basis, down from 2.7 per cent the month before and falling short of the expected 2.8 per cent print.

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