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Chancellor of the Exchequer Jeremy Hunt speaking during the British Chambers Commerce Annual Global conference, at the QEII Centre, London, on May 17, 2023. Jordan Pettitt/PA Media
Britain’s high inflation rate fell from 6.8 percent in July to 6.7 percent in August, driven by a slowing rise in food prices and often-volatile hotel prices and airfares.
The news comes as a relief to consumers, who have been struggling with the impact of high inflation rate the whole year.
Evgenia Filimianova is a UK-based journalist covering a wide range of international stories, with a particular interest in foreign policy, economy, and UK politics.
