Capital Economics: Difficult to draw conclusions from single month inflation data, market needs to wait for next month to confirm the trend.

Capital Economics said that this could indeed reflect a real retreat in inflation pressures, but such a sudden stagnation - especially in more sustainable service sectors such as rent - is very unusual, at least without an economic recession. Our conclusion is that it seems we will all have to wait for the release of December data next month to verify whether this is a statistical anomaly or a true decline in inflation.