Claim True

We will cut the UK's rate of inflation from more than 10% to 5% in 2023.

Rishi Sunak: We will cut the UK's rate of inflation from more than 10% to 5% in 2023. Published Jan 4, 2023. Status: True. The UK inflation rate fell to 4.6% i...

  • Actor: Rishi Sunak
  • Topic: Economy
  • Status: True
  • Published: Jan 4, 2023
  • Deadline: Dec 31, 2023
We will cut the UK's rate of inflation from more than 10% to 5% in 2023.

FactTracker assessment

The UK inflation rate fell to 4.6% in October 2023, which is ≤5% and thus meets the target of cutting inflati...

Verification rule: Observed value ≤ 5 %; window 2023-01-04 to 2023-12-31

Original source: theindustry.fashion