UK inflation edges lower

UK inflation rates fall

Inflation rates in the UK have fallen. Below is the latest from the Office for National Statistics:

  • The headline rate of retail price index inflation fell to 2.9% from 3.2% in July
  • The rate of consumer price index inflation fell to 2.5% in August, from 2.6% in July
  • The underlying rate of retail price index inflation fell to 2.9 % in August from 3.2% in July

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UK inflation edges lower

Inflation showed a slight drop last month falling to 2.5% in August, from 2.6% the previous month. The decline came as furniture prices, gas and electricity bills and clothing costs rose by less than a year ago.

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