Inflation falls to lowest level in more than two years

CPI rate

12

%

10

8

6

4

2

0

Jan

2020

Jul

Jan

2021

Jul

Jan

2022

Jul

Jan

2023

Jul

12

%

10

8

6

4

2

0

Jan

2020

Jul

Jan

2021

Jul

Jan

2022

Jul

Jan

2023

Jul

12

%

10

8

6

4

2

0

Jan

2020

Jul

Jan

2021

Jul

Jan

2022

Jul

Jan

2023

Jul

12

%

10

8

6

4

2

0

Jan

2020

Jul

Jan

2021

Jul

Jan

2022

Jul

Jan

2023

Jul

SOURCE: ONS