Rolling, live coverage of business, economics and financial markets as analysts expect drop in consumer price index inflation

Good morning, and welcome to our live, rolling coverage of business, economics and financial markets.

The surge in inflation over the last two years has become a key priority for the UK government. But since peaking at an annual rate of 11.1% in October – a 41-year high – inflation has been dropping back rapidly. Data to be published shortly will show whether price rises have slowed further.

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