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The real reason inflation has fallen
Reprieve! The British consumer has received a stay of execution. Figures just released by the Office for National Statistics (ONS) show inflation last month fell to 2.8 per cent – down from 3.3 per cent in March and by more than most economists had forecast. But don’t bother reading the ‘corner has been turned’ press
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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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cnbc.com
UK inflation rate eases to 2.8% in April, but slowdown is expected to be short-lived
Economists polled by Reuters had expected the inflation rate to drop back to 3%, cooling from 3.3% in March.
