Latest inflation figures
- We have seen across other big economies that inflation rarely falls in a straight line, but if we stick to our plan then most experts expect it to keep falling this year.
- Figures released this week show the rate of inflation held steady at 6.7 per cent in September. We must stick to our plan to halve inflation this year and get it back to the two per cent target as soon as possible, so we can ease the pressure on families and businesses.
- The decisive action the government has taken to tackle inflation is working – the rate of inflation has fallen from double digits and is now at the lowest level since February last year. We must stay the course in order to halve inflation.