Inflation in the United Kingdom slowed slightly last month as a drop in gasoline and diesel fuel prices gave consumers the first glimmer of hope that Britain’s cost-of-living crisis may be beginning to ease.
The consumer price index rose 9.9% in the 12 months through August, the Office for National Statistics said Wednesday. That’s down from the 40-year high of 10.1% reported last month and was lower than economists' expectations of 10%.
