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

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.

Chancellor Jeremy Hunt said he is looking into why food prices remain so high.
Why you can trust Paste BN