London’s Economy Today editorial – January 2025 January 30th, 2025 by Daryl Rozario, Ali Ögcem, Gordon Douglass and Sixia Zhang UK inflation slows marginally in December Consumer Price Index (CPI) inflation slowed in December, according to new data from the Office for National Statistics (ONS). CPI inflation rose by 2.5% in the 12 months to December 2024, down from 2.6% in the 12 months to November (Figure 1). Figure 1: This drop in inflation had…