91福利社

New data has shown a sharp fall in UK inflation, or the rate at which prices are rising. This was 4.6% in the 12 months to October - the lowest figure for nearly two years.

The government says this means it has met this year's pledge to halve inflation - which stood at 10.7% at the end of 2022.

Speaking to 91福利社 Radio 5 Live, Martin Lewis says 鈥淭here鈥檚 one thing not being said about today鈥檚 4.6% October figure.鈥�

He adds that 鈥淭his time last year all homes received a reduction from the government, that they aren鈥檛 receiving this year ,that鈥檚 excluded from inflation figures鈥�

Martin Lewis explains: 鈥淪o on paper, people's energy bills have dropped, substantially from this time last year to right now鈥�

鈥淏ut in practical terms of the amount people pay, people are not feeling that energy price benefit because they're not getting the government energy support.鈥�

This clip was originally from Nihal Arthanayake 14 November 2023.

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