March annual rate comes before expected rise because of household bills going up this month
Analysis: Good news on UK inflation may be short-lived amid trade war and rising household bills Business live – latest updatesUK inflation dropped to 2.6% in March, increasing the pressure on Bank of England policymakers to cut interest rates next month as Donald Trump’s tariff wars cast an uncertain outlook.
Prices growth was weak ahead of an expected rise in April as households begin to pay higher council tax and utility bills.
Continue reading…Inflation, Economics, Business, Bank of England, Interest rates, Office for National Statistics, UK newsRead More
You might also be interested in reading Bitcoin ETFs notch nearly $500M inflows despite nobody searching for it.