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UK inflation falls but Iran war fears fuel warnings of summer surge
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleUK annual consumer price inflation decreased to 2.8 per cent in April from 3.3 per cent in March, marking the first fall this year. This decline is largely attributed to government measures that temporarily lowered household energy costs. Economists warn that this drop is likely a temporary reprieve, forecasting inflation could surge to 4 per cent or even 5 per cent by summer. The anticipated rise is linked to the full effects of the Iran war, which is expected to drive up fuel and food prices. Chancellor Rachel Reeves acknowledged the impact of the war and defended the government's economic plan, saying that it aims to maintain stability. In fullUK inflation falls to 2.8% – but experts warn far higher price rises on the wayThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
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independent.co.uk
UK inflation rate set to fall as lower household energy bills offset fuel surge
Most economists think the rate of Consumer Price Index (CPI) inflation slowed to 3% in April, from 3.3% in March.
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dailymail.com
Inflation falls... but experts warn of brief respite amid Iran crisis
The headline CPI rate dropped from 3.3 per cent in March to 2.8 per cent, more than most analysts had expected.
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UK inflation falls to 2.8% – but experts warn far higher price rises on the way
Inflation could hit 5 per cent by the summer, economists forecasts, as the full effects of Iran War take hold
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Inflation drops back by more than forecast as energy offsets Iran war fuel hit
The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation to 2.8% in April, down from 3.3% in March.
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UK inflation falls but Iran war fears fuel warnings of summer surge
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UK inflation has fallen but it’s not all good news – here’s why
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Why has inflation gone down and where will it go from here?
Economists said April’s inflation fall will only be a brief respite before the Middle East conflict sends prices spiking again.
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Why UK inflation has gone down and what experts say will happen next
ONS reported that the Consumer Prices Index inflation fell to 2.8 per cent
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france24.com
UK inflation drops ahead of expected war-fuelled jump
Britain's annual inflation rate fell more than expected in April, largely due to a drop in energy prices in the months before the Middle East war, official data showed Wednesday.
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US jobless claims drop but inflation fears grow as oil prices surge
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theweek.com
Will inflation keep slowing down?
Prices rose more slowly in April but the cost of living remains high and could still get worse before it gets better