PM hails inflation figures which 'show govt plan working'
Prime Minister Rishi Sunak has hailed the latest inflation figures which show '[the government's] plan is working' as it has fallen to 3.2%. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Category
🗞
NewsTranscript
00:00 Well, after a tough couple of years, today's figures show that our economic plan is working
00:04 and inflation continues to fall. Having been 11% when I became Prime Minister,
00:08 it's now fallen to just over 3%, the lowest level in two and a half years.
00:13 And we've also seen mortgage rates fall, energy bills fall, and data this week showed that wages
00:18 have been rising faster than inflation for nine months in a row. Now, because of all of that,
00:23 we've been able to cut people's taxes, a £900 tax cut for the average worker,
00:28 and increase the state pension by £900 this month.