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Reporting. inflation has fallen sharply and is now at its lowest level for more than a year. it means that prices are still going up, but not as fast. inflation stands at 6.8% in the year tojuly — that's down from 7.9% injune. it's partly because food price increases have been slowing down — and also because of a fall in energy costs. in october last year, inflation hit a peak of ii.i%. here's our economics editor faisal islam. the heat may be coming out of rising prices at supermarkets and convenience shops, and that can be seen for example in milk prices on the shelves in also. overall t...

The challenge facing maui right now, as it wraps its head around how it might recover and rebuild in so many people are still missing. a state of emergency has been declared in canada's remote northwest territories where wildfires are threatening the provincial capital, yellowknife. a local official said the far northern region was in a crisis situation. four large blazes are burning near yellowknife. it's mayor has urged its 20,000 residents to be on alert. canada is experiencing its worst wildfire season on record forcing the evacuation of more than 160,000 people. some breaking news — the...

First — a welcome development here in the uk. inflation fell sharply to 6.8% injuly, from 7.9% injune. but it still means prices continue to rise. prime minister rishi sunak says it shows his government's plan is working, but he cautioned against complacency. the drop was fueled by lower energy costs. but core inflation — which looks at price rises excluding food and energy — remained unchanged. according to the office of national statistics, the rising costs of hotels, air travel, and rents are in part keeping inflation high. economists are still expecting interest rates — the tool us...

He will release his own 100 page report on what he calls the stolen georgia election, two pages bigger than the charge sheet against him and his 18 accomplices. and we'll tell you how the us treasury secretary came to accidentally eat magic mushrooms while on a visit to china. first — a welcome development here in the uk. inflation fell sharply to 6.8% injuly, from 7.9% injune. but it still means prices continue to rise. prime minister rishi sunak says it shows his government's plan is working, but he cautioned against complacency. the drop was fuelled by lower energy costs. but core inflati...