Lower fuel prices help drive inflation down to 2.6%

"If retailers are to keep prices affordable for consumers in the long run, the Government needs to take practical steps to lower the everyday cost of doing business."

— Harvir Dhillon , Executive

"Both these changes are a win-win. They help keep inflation down, while helping people afford the essentials."

— John Healey , Politician

"Rate-setters may want to assess the impact of any measures announced by the new Prime Minister before deciding whether to tighten policy again."

— Suren Thiru , Academic

"Although the impacts from the initial energy shock have so far been relatively limited, if energy prices remain high for longer, second-round effects risk feeding through into wages and more broadly across the economy."

— Yael Selfin , Executive