
Britain's annual inflation rate slowed to a near three-year low in April as energy prices cooled further, official data showed Wednesday, easing a cost-of-living crunch before this year's general election.
The Consumer Prices Index slowed to 2.3 percent from 3.2 percent in March, the Office for National Statistics revealed in a statement, dashing market expectations of a sharper slowdown to 2.1 percent.