Inflation down more than expected.
— Martin Lewis (@MartinSLewis) July 19, 2023
In May it was 7.9% year on year down from 8.7% (it was expected to drop to 8.2%)
Crucially core inflation was 7.1% and was expected to stay there. It has dropped to 6.9%.
This takes a little pressure off bank of England and hopefully the…