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Inflation falls sharply in July, ONS says
Posted
August 16, 2023
Views
22,885
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112
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154
Engagement
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August 16, 2023
22,885
112
154
1.16%
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0:53Now PlayingThe key, Consumer Price Index (CPI) measure of inflation fell to 6.8% in the year to July, down from a rate of 7.9% in June, Office for National Statistics (ONS) data showed.
Further falls are expected, with the Bank of England forecasting the rate will drop to 5% by the end of the year.
#inflationfalls #inflationfugures #skynews
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