Predictions inflation will continue to fall

Follows new figures showing inflation at a 19 month low

The treasury minister says he's pleased inflation is at a 19-month low but believes there's still work to be done.

Consumer inflation hit 5.8 per cent in July - down 1.1 per cent on the previous month.

Essentials like electricity and eggs remain the biggest contributors but gas and petrol have seen drops.

Alex Allinson says most predictions are suggesting inflation will continue to reduce: