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The Independent UK
The Independent UK
National
Joe Middleton

Surprise inflation fall signals hope for homeowners as economists call for interest rate pause

PA Archive

A surprise fall in inflation will fill mortgage holders with hope that “the tide has well and truly turned” on rising interest rates, experts have said.

The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation was 6.7 per cent in August, down from 6.8 per cent in July, the lowest rate since February last year.

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