UK Inflation Falls Sharply, Relieving Pressure on PM Sunak
UK inflation fell more than expected in October, easing a cost-of-living crisis and relieving pressure on Prime Minister Rishi Sunak. The Consumer Prices Index hit a two-year low at 4.6 percent, dipping under Sunak's five-percent target. CPI inflation slowed more than forecast and reached 6.7 percent in September. Sunak stated that official figures confirm they have halved inflation, but acknowledged that many people are still struggling.
