UK ‘on course to hit inflation target’ minister claims

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UK 'on course to hit inflation target' minister claims

Chief Secretary to the Treasury John Glen said the legacy of COVID-19 and the war in Ukraine has given the UK economy "real shocks" but welcomed the fall in inflation rate from 7.9% to 6.8% in the year to July.

Mr Glen added: "Getting inflation down is the most important thing the government can do."

Read more: https://news.sky.com/story/inflation-figures-sharp-fall-in-the-rate-at-which-prices-are-rising-12940916

#inflationrate #johnglen #skynews

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Date: August 16, 2023