UK Inflation Slows Sharply to 2.8%, Easing Immediate Pressure on BoE
UK inflation slowed more sharply than expected in April, offering the Bank of England some near-term relief as both headline and core price pressures cooled to multi-year lows. Headline CPI decelerated from 3.3% yoy to 2.8% yoy, below expectations of 3.0% yoy
UK inflation slowed more sharply than expected in April, offering the Bank of England some near-term relief as both headline and core price pressures cooled to multi-year lows. Headline CPI decelerated from 3.3% yoy to 2.8% yoy, below expectations of 3.0% yoy and the lowest level since March 2025. Core CPI, which excludes energy, food, […] The post UK Inflation Slows Sharply to 2.8%, Easing Immediate Pressure on BoE appeared first on ActionForex.