BBCNEWS BBC News June 4, 2024 12:45:00
Now this all can be attributed in large part to a fall in contribution from energy. fuel prices have declined and electricity and gas prices have stabilised, albeit at a higher level. the dark orange bars in this chart show how the contribution from energy prices is falling and turning negative, we think, in the coming months. now, given ofgem's price cap on electricity and gas bills, and the way it slows down the pass through of wholesale energy prices to consumer bills, we expect inflation to take a further step down in thejuly data, which will be published in two weeks�* time. we think th...
Source: archive.org