But food price inflation needs to fall substantially further to help rein in higher than expected overall UK inflation, which is still running at 8.7%.

Source: https://www.ardrossanherald.com/news/national/23615885.supermarkets-quizzed-mps-amid-pressure-pass-wholesale-cuts/?ref=rss

Citi: Unexpected increase reaffirms continued upside risks that have stalked UK inflation expectations, it is premature to declare victory over embedded…financialjuice.

Source: https://biztoc.com/x/cfd448431da20bc3?ref=ff

Immigration that fills gaps in the domestic jobs market can help push down UK inflation, the deputy head of the International Monetary Fund has said.

Source: https://en.mercopress.com/2023/06/08/imf-suggests-immigration-could-help-uk-with-inflation-and-labor-shortage?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss

Since then, Britain has been through the COVID-19 pandemic, left the European Union and absorbed the economic shock of Russia's invasion of Ukraine, all of which pushed UK inflation above 11 per cent late last year.

Source: https://www.9news.com.au/world/uk-labour-party-leader-keir-starmer-makes-his-pitch-to-voters-with-a-speech-vowing-national-renewal/e3792c03-a251-44b9-b31c-19b0dc26b290

UK inflation dropping to 6.8 per cent in the year to July is in line with market expectations.

Source: https://www.dailymail.co.uk/money/mortgageshome/article-12413145/Wages-rising-inflation-falling-does-mean-house-prices-mortgages.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

UK inflation was lower than expected in November and the surprising release has sent the British pound lower today.

Source: https://www.marketpulse.com/forex/gbp-usd-inflation-surprise-sends-pound-lower/kfisher

WHEN the latest official figures on UK inflation were announced last week, the reaction among analysts almost appeared to be one of relief.

Source: https://www.heraldscotland.com/news/23815958.aldi-right-future-shopping/?ref=rss