Had the prime minister not spent Wednesday preparing to roll back Britain’s climate policies, the big story of the day would have been a good news one for the government: inflation continues to fall.
The Consumer Prices Index (CPI) dropped to 6.7 per cent last month, down from 6.8 per cent in July. Not a gigantic change, and still well above the 2 per cent target, but far better than City predictions of a rise to 7.1 per cent. Meanwhile, core inflation fell from 6.8 per cent to 6.2 per cent.
