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The Telegraph
24 May 2023
Inflation has fallen into single digits for the first time in eight months as the rising cost of living slows after last year's energy crisis.
The consumer prices index dropped to 8.7pc last month from 10.1pc in March, according to the Office for National Statistics.
It is the first time it has been below 10pc since August last year.
The fall comes as last April's sky high rise in energy prices drops out of the calculation, with the energy price cap having jumped higher a year ago as wholesale prices rocketed after Russia's invasion of Ukraine.