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'No room for complacency in battle against inflation', warns Chancellor despite easing

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The rate of inflation is back in single digits for the first time since last summer, easing to 8.7% last month - but food inflation remains near 20% and core price inflation is at a 30-year high. The squeeze on household spending power will remain throughout 2023 and likely beyond.

Read more here: https://news.sky.com/story/significant-easing-of-inflation-as-energy-costs-stabilise-latest-ons-figures-show-12887613

#inflation #economy #skynews

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Category
World
Tags
inflation, uk inflation, food inflation
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