UK inflation falls by less than expected as food prices soar by 19.1%
by Richard Partington Economics correspondent from Economics | The Guardian on (#6AYC8)
Annual rate as measured by consumer prices index dropped to 10.1% in March, says ONS
- UK inflation falls by less than expected
- Which goods and services have risen most?
- Why are UK food prices up by 19%?
UK inflation fell by less than expected in March, staying in double figures as households came under pressure from food and drink prices soaring at their fastest annual rate since 1977.
The Office for National Statistics (ONS) said annual inflation as measured by the consumer prices index fell to 10.1% last month, resuming a downward trajectory after an unexpected rise to 10.4% in February. Inflation peaked at 11.1% in October.
Continue reading...