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UK inflation has fallen but it’s not all good news – here’s why
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 inAllNewsSportCultureLifestyleBritain has experienced its first fall in inflation this year, with the annual rate of consumer price rises decreasing from 3.3 per cent in March to 2.8 per cent in April. This reduction is largely attributed to government measures aimed at lowering energy costs. However, experts warn that this decline may be temporary, with forecasts suggesting inflation could surge to between 4 and 5 per cent by the summer. This anticipated rise is primarily linked to the full impact of the Iran war, which is expected to drive up both fuel and food prices.The development comes as the government urges supermarkets to cap food prices. Some industry bodies have cautioned that food price inflation could escalate to nearly 10 per cent by the end of the year.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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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.
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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
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…
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spectator.com
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 –…
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UK inflation has fallen but it’s not all good news – here’s why
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…
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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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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