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Transcripts For BBCNEWS World 20240703

Coming in at 1. 3 percent in march, down from 2. 5 percent in february. Thats according to the latest data from the british retail consortium. The fall has been driven by lower food prices and more competition between supermarkets. Earlier i spoke to harvir dhillon, whos an economist from the british retail consortium. I began by asking him if the outlook of the data is sustainable. It will be sustainable over the coming months. So, were still expecting to see a quite sharp fall in the Headline Rate of inflation during april, when ofgem thats the Energy Price Regulator when its price cap comes down. So, for the coming months, we should see more Easing Pressure in terms of inflation. Now, whether towards the end of the year that persists still remains open to some uncertainty. Ok, so how is this impacting us in the pocket . So, in terms of how its impacting us, i mean, of course, inflation has eased. Its now the lowest since the end of 2021, which is amazing, but prices are still higher

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