Inflation in September remained stable at 6.7 per cent but is now expected to fall significantly due to lower household energy prices
But food and drink prices finally began to fall after two years of steadily rising, providing relief for shoppers, while the rate of– which strips out the most volatile prices – also dipped in a sign that the UK may avert a wage-price spiral.
“Today’s news just shows this is even more important so we can ease the pressure on families and businesses.”, where he is expected to warn that the public finances are still too fragile to reduce the tax burden or ease a looming squeeze on state spending. Julian Jessop of the free-market Institute of Economic Affairs added: “A large drop is baked in for October. The reduction in the Ofgem cap on domestic energy bills will knock more than one percentage point off the headline rate this month.”
Danmark Seneste Nyt, Danmark Overskrifter
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