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UK inflation falls more than expected to 7.9 percent

Author
Newstalk ZB,
Publish Date
Wed, 19 Jul 2023, 9:14pm
(Photo / AP)
(Photo / AP)

UK inflation falls more than expected to 7.9 percent

Author
Newstalk ZB,
Publish Date
Wed, 19 Jul 2023, 9:14pm

UK inflation has cooled more than economists predicted and dropped to 7.9 percent.

Experts had forecasted a drop to 8.2 percent, following a higher than expected 8.7 percent in May.

UK correspondent Gavin Grey says declining fuel prices contributed to the decrease, but supermarket prices remain stubbornly high.

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