Catherine McKinnell MP, Labour’s Shadow Treasury Minister, responding to today’s inflation figures, said:

“While this fall in the rate of inflation is welcome, the squeeze on working people continues.

“The most recent figures show pay rising by a record low of just 0.6 per cent - less than half the rate of inflation. Wages after inflation have now fallen by over £1,600 a year under this Government.

“Labour’s economic plan will tackle the cost-of-living crisis, make Britain better off and earn our way to higher living standards for all, not just a few.”