UK inflation has fallen to 3.2%, the lowest rate in eight months.
It's a bigger drop than expected, but remains significantly above the Bank of England's 2% inflation target.
Finance minister Rachel Reeves has welcomed the news but says there is 'more to do' to ease the high cost of living.
Jaya Sood, senior economist at the New Economics Foundation, says the central Bank should cut interest rates on Thursday.
IN: "The fact...
OUT: ...rates."
DUR: 26 seconds
http://www.fsnradionews.com/feeds/1217inflation-sood1.mp3
It's a bigger drop than expected, but remains significantly above the Bank of England's 2% inflation target.
Finance minister Rachel Reeves has welcomed the news but says there is 'more to do' to ease the high cost of living.
Jaya Sood, senior economist at the New Economics Foundation, says the central Bank should cut interest rates on Thursday.
IN: "The fact...
OUT: ...rates."
DUR: 26 seconds
http://www.fsnradionews.com/feeds/1217inflation-sood1.mp3