Cheaper electronic goods also push down July rate to 2% from 2.5% in June
Price cutting by clothing and footwear retailers and cheaper electronic goods helped push down the annual rate of UK inflation by more than expected last month from 2.5% to 2%, according to official figures.
The return of the traditional summer sales after the hiatus last year caused by the coronavirus pandemic was a factor in bringing the government’s main measure of the cost of living back to its target rate, the Office for National Statistics (ONS) said.
