The rate of Consumer Prices Index inflation fell to 2.3 percent in April from 3.2 percent in March, the Office for National Statistics said.
Reacting to the latest inflation figures, a Treasury spokesperson said: “We rightly protected millions of jobs during Covid and paid half of people’s energy bills after Putin’s invasion of Ukraine sent bills skyrocketing – but it wouldn’t be fair to leave future generations to pick up the tab.
“That’s why we must stick to the plan to get debt falling. The economy is turning a corner, with strong growth this quarter and inflation close to target, allowing us to cut taxes for the average worker by £900 a year.”
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