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Published 1 month ago

UK inflation slows its fall, pushing back rate cut bets

  • British consumer price inflation decreased to 3.2% in March, lower than February's 3.4%, reported by the Office for National Statistics.
  • Economists predicted a 3.1% rate, slightly off from the actual 3.2% figure, reflecting a decline from February's 3.4%.
  • Excluding certain items, core inflation stood at 4.2%, surpassing the expected 4.1% rate in March.
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