British inflation fell to 7.9% in June, its weakest in nearly a year, easing pressure on the Bank of England to maintain raising interest rates.

Consumer price inflation fell to its lowest level since March last year, but remained above many other rich economies.

Core inflation declined to 6.9% from 7.1%, its highest in over 30 years.

The BoE is set to raise rates for the 14th time on August.

Prime Minister Rishi Sunak pledged to halve inflation by 2023 before a 2024 national election.