Prime Minister Rishi Sunak said 'inflation is back to normal'
The Prime Minister has celebrated the largest fall in the rate of inflation in 45 years, saying that the rising cost of common goods is "back to normal," but Money Saving Expert Martin Lewis has given his verdict on the figures and says the economic target has "not been hit."
On X, Martin Lewis said: "CPI inflation for down from 3.2 per cent to 2.3 per cent in April This is at the high end of expectations, the Bank of England target has not been hit. It means an interest rate cut in June is less likely, August more likely.
"On April 1 we saw the energy price cap drop 12 per cent, thats going to factor into these figures so we know they're coming down.
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