Investec economist Ellie Henderson said in a report that the UK's inflation data has opened the door for the Bank of England to further relax its policy, but it should not be taken for granted that there will be lower inflation in the future. The biggest reason for the fall in overall inflation in September was fuel prices, but given production and shipping risks in the Middle East, people doubt whether the fall in oil prices will continue into the future. Another factor of instability has also lowered inflation. Given that some of the inflation-curbing forces in today's report may be temporary, we don't think an inflation rate of less than 2% would be a reason to relax policy quickly and aggressively.

Investec economist Ellie Henderson said in a report that the UK's inflation data has opened the door for the Bank of England to further relax its policy, but it should not be taken for granted that there will be lower inflation in the future. The biggest reason for the fall in overall inflation in September was fuel prices, but given production and shipping risks in the Middle East, people doubt whether the fall in oil prices will continue into the future. Another factor of instability has also lowered inflation. Given that some of the inflation-curbing forces in today's report may be temporary, we don't think an inflation rate of less than 2% would be a reason to relax policy quickly and aggressively.