The country's inflation dipped to an almost three-year low in October.
Consumer prices rose at an annual pace of 1.5%, down from 1.7% the month before.
A cap on energy prices was one factor.
The fall appears to bear out Bank of England governor Mark Carney's assessment back in September:
(SOUNDBITE) (English) BANK OF ENGLAND GOVERNOR MARK CARNEY, SAYING:
"We still are in control of inflation and we still can deliver on our mandate."
Now the question is whether he'll be more likely to cut rates.
Last week two Bank of England policymakers surprised markets by voting for just that.
A weakening labour market, global trade tensions, and Brexit uncertainty are among the risks cited.
Cooling inflation will just add to speculation that a rate cut is on the way.
