This article is from the source 'bbc' and was first published or seen on . The next check for changes will be
You can find the current article at its original source at https://www.bbc.co.uk/news/business-68833077
The article has changed 16 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
UK inflation falls to 3.2% in March | UK inflation falls to 3.2% in March |
(32 minutes later) | |
Inflation fell to 3.2% in the year to March, down from 3.4%, as cost of living pressures continued to ease. | |
The drop was largely due to food prices slowing sharply, according to the Office for National Statistics (ONS). | |
Inflation, the rate at which prices rise over time, has been falling gradually since it peaked in late 2022. | Inflation, the rate at which prices rise over time, has been falling gradually since it peaked in late 2022. |
However, prices are not falling they are just rising less quickly than they were previously. | However, prices are not falling they are just rising less quickly than they were previously. |
Wednesday's new figures mean that the cost of living stands at its lowest level in two and a half years. | |
But Grant Fitzner, chief economist for the ONS, said that rising fuel prices off-set lower costs elsewhere. | |
Related Topics | Related Topics |
Inflation | Inflation |
Cost of Living | Cost of Living |
UK economy | UK economy |
Office for National Statistics | Office for National Statistics |