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Economy

Inflation falls to 8.7% in April

Food and non-alcoholic beverage prices continued to rise in April and contributed to high annual inflation, however, the annual inflation rate of food and non-alcoholic beverages eased to 19.1% in the year to April 2023

Inflation has fallen to 8.7% in April, marking the first time it has been in single digits since last summer, according to the latest figures from the Office for National Statistics.

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