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Insider UK
Insider UK
Business
August Graham & Peter A Walker

Falling fuel prices take edge off inflation highs

Inflation fell from its recent highs in August as diesel and petrol prices dropped over the month, but still remains close to its 40-year record.

The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation reached 9.9% in the year to August, down from 10.1% the previous month.

Experts had expected the figure to be unchanged between the two months.

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