Might be on course? what today s news shows is that it is still very l news shows is that it is still very much uncertain. we think that when it comes to gas and electricity prices as well as food prices if we think trends for those components continue as they have so far this year, that will get rishi sunak most of the way there when it comes to his pledge of having inflation. whether he actually reaches that level will depend on what happens to core inflation. as a mention, that will be driven by both what happens to wages whether wage increases feed into higher prices and also to what extent producer prices which we see now increasing on a much slower rate or even falling to what extent those are then fed through to consumers as well. ., ~ are then fed through to consumers as well. ., ,, , ., are then fed through to consumers as well. . ~ , ., , are then fed through to consumers as well. ., ,, , ., , . ., well. heidi, thank you very much for brinuain well. heidi, thank you very muc
She rings and keeps in touch, in touch with the family over there all the time as well. well, she and the team she and the team obviously doing doing fantastically well. thank you very much for being with us. grandmother and aunty to england defender lucy bronze. thank you, ladies. appreciate it. thank you so much for your support. thank you. inflation in the uk has fallen sharply, to its lowest level for more than a year. the rate at which prices rise dropped to 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. inflation hit a peak of 11.1% in october last year. but if the current trend continues, wages will soon be rising joining me now is heidi karjalailen, a research economist at the institute for fiscal studies, an independent organisation that analyses economic and social policy decisions. quite a mouthful there, good to have