20 Sep 2023 --- The UK is experiencing an unexpected decline in inflation, with the Consumer Prices Index (CPI) falling to 6.7% in August while standing at 6.8% in July. The sudden fall eases the strain of grocery expenses on consumers, but still leaves inflation over three times above the UK’s target of 2%.UK inflation is at its lowest since the period of Russia’s invasion of Ukraine in February last year, which raised food and oil costs.
