good evening. there has been some welcome news for the economy, with a sharper than expected fall in inflation that s the rate at which prices rise from li% injanuary to 3.1i% in february. that is its lowest level in more than two years. it means prices are still rising but at a slower rate. in a moment, we ll be speaking to our political editor chris mason, but first to our economics editor faisal islam with his assessment. thanks, reeta. today s fall means inflation has come a long way down from the peak of 11% back in october 2022 as you can see here. but inflation is still a bit higher than the bank of england s target rate of 2% in the dotted red line. earlier i spoke to the prime minister, who told me that the uk economy is notjust turning a corner but bouncing back, and that many people were seeing green shoots of recovery but i ve also been out and about near crewe, meeting people who are yet to see that. the first day of spring is often a turning point of ren