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The Independent UK
The Independent UK
National
Joe Middleton

UK inflation predicted to drop close to Bank of England’s 2% target

Inflation United Kingdom Ben Broadbent Kantar Interest Rates Bank of England Capital Economics MPC
PA Wire

UK inflation could get close to the Bank of England’s target of 2 per cent when the latest figures are released by the Office for National Statistics (ONS) on Wednesday.

The Consumer Prices Index (CPI) dropped to 3.2 per cent for March, compared with the previous year, and forecasters polled by Reuters think inflation will drop to 2.1 per cent for April.

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