THE inflation rate fell more than expected in July as the cost of clothing, footwear, food and non-alcoholic drinks eased back in the month.
The Office for National Statistics said Consumer Price Index (CPI) inflation fell to 1.6% from 1.9% a month earlier.
But CPI remains well above average wages which grew by just 0.6% in the three months to June.
Economists had expected inflation to fall to 1.8% in July.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel