Consumer prices index moderated to 6.7% in the year August, down from 6.8% in July
Annual rate falls to 6.8% largely driven by lower energy prices, according to Office for National Statistics
Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row
Fuel prices were the biggest driver behind the drop
Central bank says British households face higher debt burdens but banks are in better position to help than they were 15 years ago
Expectations of higher borrowing rates are having a knock-on effect across lending markets
With inflation at 8.7%, monetary policy committee raised interest rate to 5%
Inflation held steady at 8.7% in the year to May, against expectations for a modest decline
“We have to support the Bank of England” in “difficult decisions,” Jeremy Hunt tells Sky News
Inflation falls to 8.7% largely because last year's energy spike has dropped out of the annual comparison