Good Morning Britain host Susanna Reid halted Wednesday's show to deliver 'breaking news'. During the latest instalment of the ITV chat show, Susanna, 54, and co-host Ed Balls announced breaking news, revealing that inflation has dropped to 2.5%.
Susanna said: "So our breaking news this morning is on the economy and the rate at which prices are rising, official figures released in the last few minutes show that the inflation rate fell to 2.5% in December, down from 2.6% in November.
So that is better news than city analysts had expected." To which Ed, 57, added: "It comes at a time when the pound has plummeted and the cost of government borrowing has soared." The rate of Consumer Prices Index inflation fell to 2.5% in December from 2.6% in November, the Office for National Statistics said.
Most analysts had been expecting the inflation rate to remain unchanged at 2.6% last month. December’s headline figure nevertheless remains above the Bank of England’s 2% target level which has raised concern for economists and policymakers amid stagnant economic growth.
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