UK inflation falls to 2.6% in March

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In March, the UK inflation has dropped more than expected, it provides some relief to the Bank of England as it is for the economic impact of US President Donald Trump’s tariff.

The annual increase in consumer prices reports by the National Statistics Office on Wednesday, the Reuters survey was below 2.7 percent forecast by economists and below 2.5 percent in February.

OnS says that the biggest contributions to this decline come from entertainment and culture, especially games, toys and data processing equipment as well as low petrol prices.

It is a declining job market with a subtle balanced law in the face of a fine balanced law and has become driven by higher household bills with the possibility of a pick-up in inflation later this year.

Last month, the Central Bank’s Monetary Policy Committee said that after keeping the interest rate at 5.5 percent, the orrow will be paid to the “alert and slow” method to spend the cost of taking.

Services inflation, the main pressure of underlying prices for the rate-seutors, rises higher than 5 percent from 5 percent to March. Economists forecasts were 5.7 percent.

As a result of Trump’s trade war, Boy’s challenge has become complicated, the UK hit 10 percent of the tariff.

BOE deputy governor Clare Lobardlli said last week that tariffs could disappoint economic activities, but it would be more difficult to predict inflation on inflation.

After the release of March statistics, the pound was slightly changed against the dollar, which increased by 0.3 percent to $ 1.327.

This is a developing story