UK inflation rate falls to 0.3%

Jessica TranterLast Update : Tuesday 17 May 2016 - 11:42 AM
UK inflation rate falls to 0.3%

UK inflation rate falls to 0.3%

Breaking News image

The UK’s inflation rate, as measured by the Consumer Prices Index, fell to 0.3% in April, according to the Office for National Statistics (ONS).

The fall, from March’s rate of 0.5%, is the first since September.

Falls in air fares and prices for clothing, vehicles and social housing rent were the main reasons for the drop in the rate, the ONS said.

The Bank of England said last week that it expected inflation to increase in the second half of the year.

Source: BBC Business

Short Link
2016-05-17 2016-05-17
Leave a Reply
Required fields*

Your email address will not be published.

Comments Rules :

عدم الإساءة للكاتب أو للأشخاص أو للمقدسات أو مهاجمة الأديان أو الذات الالهية. والابتعاد عن التحريض الطائفي والعنصري والشتائم.

Type a small note about the comments posted on your site (you can hide this note from comments settings)

Jessica Tranter