Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Business
Sam Barker

Inflation falls slightly but still nears record of 9.9% as fuel prices drop

UK inflation fell slightly to 9.9% in the 12 months to August as the cost of living crisis continues to squeeze household finances.

This is down from a 40-year high of 10.1% in July - and means Consumer Prices Index (CPI) inflation is now five times higher than the Bank of England target of 2%.

Inflation dropped slightly because of a fall in petrol and diesel prices - but food and clothing became more expensive.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.