UK inflation dropped slightly last month but remains at 30-year high

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UK inflation dropped slightly last month but remains at 30-year high
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It's still in the double digits

ONS data shows that the consumer price index was at 11.1 percent in October. However, this rate fell to 10.7 percent last month.

READ MORE:'Everything was under control for our baby in hospital until staff changeover - hours later he was dead' Chancellor Jeremy Hunt says wrestling inflation under control is his ‘top priority’. “The aftershocks of Covid-19 and Putin’s weaponisation of gas mean high inflation is plaguing economies across Europe and I know families and businesses are struggling here in the UK,” he said.

“I know it is tough for many right now but it is vital that we take the tough decisions needed to tackle inflation – the number one enemy that makes everyone poorer. If we make the wrong choices now, high prices will persist and prolong the pain for millions.”

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