UK inflation falls as clothing and footwear retailers cut prices

Cheaper electronic goods also push down July rate to 2% from 2.5% in June

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Price cutting by clothing and footwear retailers and cheaper electronic goods helped push down the annual rate of UK inflation by more than expected last month, from 2.5% to 2%, according to official figures.

The return of the traditional summer sales after the hiatus last year caused by the coronavirus pandemic was a factor in bringing the government's main measure of the cost of living back to its target rate, the Office for National Statistics (ONS) said.