Inflation in the UK dropped sharply to 6.8 percent in the year to July from 7.9 percent in June.
The region's Office for National Statistics claim falling energy prices have helped ease the economic pressure.
UK correspondent Gavin Grey says this is good news, as wages have gone up by 7.8 percent between April and June, exceeding inflation.
LISTEN ABOVE

Enda Brady: UK correspondent on the additional calls for Sir Keir Starmer to resign
04:23

Paul Bloxham: HSBC Chief Economist ahead of Australia's 2026 federal budget
04:17

Jamie Mackay: The Country host on what the latest Rabobank agribusiness monthly report means for Kiwi farmers
04:46