Rishi Sunak has facew Sir Keir Starmer and other MPs at Prime Minister’s Questions following the release of new inflation rates.
Earlier the Office for National Statistics (ONS) said the rate of Consumer Prices Index inflation rate fell to 10.5 per cent in December from 10.7 per cent in November. However, this offers little relief to struggling families as CPI remained in double digits and food and drink inflation has soared once again to 16.8 per cent in December, up from 16.4 per cent in November.
The government has pledged to work towards halving inflation by the end of 2023 as it continues to face a looming cost of living crisis and a recession. Labour is criticises the government’s economic policies with inflation still five times the 2 per cent target. / PoliticsJOE