Inflation has eased by more than expected to its lowest level for 15 months in a sign price rises may finally be slowing down.The Office for National Statistics said Consumer Prices Index inflation was 7.9% in June, down from 8.7% in May and its lowest rate since March 2022.

Inflation has eased by more than expected to its lowest level for 15 months in a sign price rises may finally be slowing down.The Office for National Statistics said Consumer Prices Index inflation was 7.9% in June, down from 8.7% in May and its lowest rate since March 2022.