UK inflation has fallen to 2% - its lowest annual level in nearly three years.
It means the core inflation rate has hit the Bank of England's target according to the latest data - after hitting a 40 year peak in 2022.
However, it's not expected the Bank of England will cut interest rates later this week.
Prime Minister Rishi Sunak says it's an important moment nonetheless.
IN: 'It's...
SOC: ...living.'
DUR: 18 seconds
http://www.fsnradionews.com/feeds/0619inflation-sunak1.mp3
It means the core inflation rate has hit the Bank of England's target according to the latest data - after hitting a 40 year peak in 2022.
However, it's not expected the Bank of England will cut interest rates later this week.
Prime Minister Rishi Sunak says it's an important moment nonetheless.
IN: 'It's...
SOC: ...living.'
DUR: 18 seconds
http://www.fsnradionews.com/feeds/0619inflation-sunak1.mp3