UK Inflation Drops to 6.8 Percent, Driven by Lower Food, Energy Costs

UK Inflation Drops to 6.8 Percent, Driven by Lower Food, Energy Costs
Undated photo of the Bank of England. Yui Mok/PA Media
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The United Kingdom’s annual rate of inflation fell to 6.8 percent in July, from 7.9 percent a month earlier, Office of National Statistics (ONS) data show.

The main drivers of a cooling in consumer price inflation (CPI) were food and energy costs, while the main driver upward was the cost of transport.

Evgenia Filimianova
Evgenia Filimianova
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Evgenia Filimianova is a UK-based journalist covering a wide range of national stories, with a particular interest in UK politics, parliamentary proceedings and socioeconomic issues.
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