Headline inflation in the UK has fallen to 7.9% - down from May's figure of 8.7%.
This is a bigger drop than expected, with analysts forecasting a figure of 8.2% this month.
For the first time in a long time, there may be a glimmer of hope for those struggling through the cost of living crisis.
Sky News' Economics and Data Editor Ed Conway reports.
Find live updates here - https://news.sky.com/story/inflation-latest-7-9-bigger-than-expected-live-updates-12615118
#costofliving #inflation #bankofengland
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This is a bigger drop than expected, with analysts forecasting a figure of 8.2% this month.
For the first time in a long time, there may be a glimmer of hope for those struggling through the cost of living crisis.
Sky News' Economics and Data Editor Ed Conway reports.
Find live updates here - https://news.sky.com/story/inflation-latest-7-9-bigger-than-expected-live-updates-12615118
#costofliving #inflation #bankofengland
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: https://www.youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
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