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Evening Standard
Evening Standard
Holly Williams

Why has inflation gone down and where will it go from here?

Inflation ING Iran Middle East Office for National Statistics Ofgem The Bank of England United Kingdom
UK inflation has fallen back sharply but experts warned the latest data marks the calm before the storm as the Iran war pushes up prices for households and businesses (PA) - (PA Wire)

UK inflation has fallen back sharply, but experts warned the latest data marks the calm before the storm as the Iran war pushes up prices for households and businesses.

The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation fell to 2.8% in April, down from 3.3% in March and the lowest level for more than a year.

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