Restaurants
Restaurants and hotels help keep inflation steady at 2.2% in August
Although food and energy prices continued to fall over the month, this was in part offset by transport, where prices rose by 1.2% in the month
The rate of inflation remained steady at 2.2% in August, unchanged since July, yet is still above the Bank of England’s target of 2%.It follows downward contributions from hotels and restaurants, with costs in the segment falling to 4.4% in the month, down from 4.9% in the year to July, marking the lowest rate since July 2021.
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