ONS says annual rate dropped in April despite Britons continuing to struggle with high food prices

Britain has recorded the sharpest fall in the annual inflation rate since the cost of living crisis began, official figures show, despite continuing pressure on households from the high price of food and basic essentials.

The Office for National Statistics said annual inflation as measured by the consumer prices index fell to 8.7% last month, with a decline from 10.1% in March. Inflation peaked at 11.1% in October.

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