Inflation falls in August but remains near 40-year high

Overall prices for food and non-alcoholic beverages have risen throughout 2022, and the 1.5% increase between July and August 2022 was the largest July to August rise since 1995

UK inflation eased slightly in August to 9.9%, down from 10.1% in July, but remains near a 40-year high as prices continue to rise, according to the latest figures from the Office for National Statistics (ONS).

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