UK Inflation released this morning has shown price pressures easing from 3.4% to 3% which has now increased the possibility of an interest rate cut by the Bank of England next month.
Today's number is also crucially the lowest that Inflation has been since March 2025.
Contributing factors to the drop in prices came from the Petrol Pumps, Lower Airfares and as well as falling costs within Meat, Bread and Cereals in particular.
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