UK inflation rate drops more than expected to 7.9% in June

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UK inflation rate drops more than expected to 7.9% in June
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UK inflation rate drops more than expected to 7.9% in June – what it means for your money

But despite the figures slowing, it still means the prices of everyday essentials are rising more than the BoE would like, which has a 2% target for inflation.

"The best and only way we can ease this pressure and get our economy growing again is by sticking to the plan to halve inflation this year."

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