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That's the highest it's been since 1977. those cheaper fuel prices aren't yet feeding through to the prices of other goods which are still rising by more than 13%. so they are expecting inflation averaging overall 7.4% for the coming year, partly because those fuel prices came down by 8% in december alone, but we should remember inflation is a year—on—year comparison, so after the big spike in fuel prices which was last february on the invasion of ukraine, there was a big striking difference betweenjanuary then and january now. as you move on past that spike a year ago the difference is sm...

Financial analyst at aj bell. the big party involved in trying to keep inflation down, trying to bring into that 2% target that it's got to uphold, is the bank of england. it is doing that by increasing interest rates. we have seen expectations of another half a percentage point increase at the next meeting in february jump up from about 75% to over 80% this morning, after we had these inflation figures in. so with inflation on a downward trend, how low could it go? here's our economics correspondent andy verity on what economists are predicting for later in the year. they're expecting inflati...

The big party involved in trying to keep inflation down, trying to bring it to that 2% target that it's got to uphold, is the bank of england. it is doing that by increasing interest rates. we have seen expectations of another half a percentage point increase at the next meeting in february jump up from about 75% to over 80% this morning, after we had these inflation figures in. so with inflation on a downward trend, how low could it go? here's our economics correspondent andy verity on what economists are predicting for later in the year: they're expecting inflation averaging overall 7.4% for...

Food price inflation at 16.8%. that's the highest it's been since 1977. those cheaper fuel prices aren't yet feeding through to the prices of other goods which are still rising by more than 13%. so they are expecting inflation averaging overall 7.4% for the coming year, partly because those fuel prices came down by 8% in december alone, but we should remember inflation is a year—on—year comparison, so after the big spike in fuel prices which was last february on the invasion of ukraine, there was a big striking difference between january then and january now. as you move on past that spike...