UK inflation falls to 17-month low of 6.8% but unlikely to derail another interest rate rise

FILE - Christmas lights are displayed on Regent Street in London on Nov. 24, 2022. The rate of inflation in the U.K. fell sharply in July to a 17-month low largely on the back of lower energy prices, official figures showed Wednesday, Aug. 16, 2023, a welcome development for hard-pressed households struggling during the cost of living crisis. (AP Photo/Kin Cheung, File)