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UK inflation falls to 9.9% amid cost of living crisis
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The UK’s annual inflation rate unexpectedly fell in August to 9.9%, easing the pressure on households despite remaining close to the highest level in 40 years.
The Office for National Statistics said the consumer prices index fell last month from a reading of 10.1% in July.
City economists had forecast a modest rise in inflation to 10.2%.
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Read more on theguardian.comAbout this in other media
House sellers ‘putting up prices despite rate rises and cost of living crisis’ theguardian.com /2 years ago
Pound falls below $1.10 for first time since 1985 following mini-budget theguardian.com /2 years ago
Cost of living crisis: what are the rest of the G7 doing? theguardian.com /2 years ago
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