Business groups have joined the calls on policymakers to keep interest rates as they are ahead of the latest decision, due on Thursday.
Pressure on the Bank of England to pause interest rate hikes is building after official figures showed a surprise easing of UK inflation last month.
But a slowdown in food price inflation, as well as falling restaurant and hotel prices, helped offset rising petrol and diesel costs, the Office for National Statistics said. He said: “This surprising drop in inflation suggests that the UK is winning the battle against soaring prices. Nevertheless, some economists think that the Bank could vote for a hike because it will pay attention to other important factors, such as wage growth and services inflation which remain elevated.
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