UK inflation slows before expected jump from April


People walking in front of the Bank of England in London. — Bloomberg

LONDON: British inflation slowed to its weakest in three months in March and other measures watched by the Bank of England cooled too, but higher bills and employer costs will pressure prices soon against the backdrop of U.S. President Donald Trump's trade war.

Inflation slowed to an annual rate of 2.6% in March from 2.8% in February, below expectations of 2.7% in a BoE forecast and a Reuters poll of economists.

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UK , inflation , tariffs , Trump , consumer , Bank of England

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