The rate of inflation has eased slightly to 6.7% confounding the predictions of economists that it would rise.
The Office for National Statistics (ONS) said the Consumer Prices Index (CPI) measure slowed in the 12 months to August, from the 6.8% figure reported the previous month, thanks to food rising at a weaker pace during the month compared to August 2022.
#inflation #money #uk #skynews #economy
Read more here: https://news.sky.com/story/inflation-figures-may-shift-dynamic-in-cost-of-living-crisis-but-rate-rise-still-likely-12965397
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30 Comments
Starmer and Labour need bigger inflation figures!
It’s still over 2… and regarding fuel prices, they are surging and there is a lag on the feed in to inflation… this may be the bottom for inflation…
😂😂😂
Looks fudged 🤥🤥🤥
Great news! I can finally sleep knowing inflation has gone down by 0.1%.
They really are taking the piss out of us!
In other news…fuel prices going up exponentially.
Food prices still going up
…UK economy is stagnant at best, uk gov has recently changed how they calculate gdp to fudged the numbers
The fact some people believe this nonsense. It’s all fabricated to suit the agenda, so hunt can claim a win
Cooking the books !!!
Well we’ll talk about cooking the books that’s is one way of giving the pensioners less next April with the triple lock petrol up food up how can the inflation be down by cooking the books .
So the Tories are doing exactly what they said. Just wait to till labour get in and un do all that good work
Rishi and Hunt are doing a terrible job
They can fudge the books all they want but people will vote based on their bank accounts not Tory figures.
meanwhile places like spain been under 3% for months. useless rishi.
The Tories are failing to achieve anything ever..the only target they hope to hit is the one they have no control over – inflation. And that like all their other targets are still way off. NHS – all targets missed.Immigration all targets missed. Net Zero – targets missed so trying to change them. They are the epitomy of useless.
It actually means the rate it is falling has stalled so no unfortunately this is not really good news
Petrol up, food up, rent up, inflation at 6.7%? Bollocks.
Woohoo!
It's time to allow people for natulal goods exchange.
so the prices have come down in the shops have they?
do one
= 17% inflation over 2 years !!!!! Were going GREAT ?
Yes let's celebrate some imaginary numbers being less than the imaginary numbers last month while evidently everything is still getting more expensive 🎉🎉
What a load of bollocks 🙄
This guy is wrong. He said inflation is down MOM which is not true. YOY it is down but MOM inflation increased 0.3%. Figures for this time last year were higher. Food inflation is still 13% and oil prices are set to rocket.
More Tory media sh173!! Great news till the Bank of England increases interest rates!! 😂😂😂😂
Trillions in national debt. Public spending forever increasing. Idiots.
Spinning plates and I'm waiting for them to fall. Inb4 gov does nothing with the consequences of their actions and then promise to save the day. Ad Infinitum.
A true Conservative would never resort to inflation or taxes.
will be back up next week The Tories haven't got a clue