UK Inflation Drops Sharply in Respite from Iran Energy Shock
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Article Excerpt
Shoppers on the High Street in Croydon, UK. Photographer: Jason Alden/Bloomberg PHOTO BY JASON ALDEN /Bloomberg Article content (Bloomberg) — UK inflation fell more than expected in April, to the lowest rate in more than a year, due to a favorable annual comparison and government efforts to cut energy bills, although price pressures are expected to rebound in the coming months. Article content The Office for National Statistics said its consumer prices index rose 2.8% in the year to April, down from 3.3% the previous month. The figure was lower than forecasts of 3% by private sector economists…
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Jun 3, 2026