( ) -q-19- UNDATED (Correspondent Jeremy House) “move appears clear.” Inflation in the U.K. fell to its lowest level in two and a half years in March after a further easing in food prices. [CutID: <Cuts> UK-INFLATION-house-q-WEDam.mp3 Time: 19s Title: UK-INFLATION-house-q-WEDam Out-cue: move appears clear] TAG: Correspondent Jeremy House reporting. Britain’s inflation rate is set […]
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UK inflation falls to lowest level since late 2021
( ) -q-19- UNDATED (Correspondent Jeremy House) “move appears clear.”
Inflation in the U.K. fell to its lowest level in two and a half years in March after a further easing in food prices.
[CutID: <Cuts> UK-INFLATION-house-q-WEDam.mp3
Time: 19s
Title: UK-INFLATION-house-q-WEDam
Out-cue: move appears clear]
TAG: Correspondent Jeremy House reporting. Britain’s inflation rate is set to fall further in April, possibly to below 2%, as a result of sharply lower domestic energy bills, which economists think could prompt rate-setters to consider a cut in interest rates in the next few months.
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VERBATIM: Britain’s Office for National Statistics says consumer prices rose by 3.2% in the year to March, down from 3.4% in February. That’s the lowest level since September 2021. Inflation is still running higher than the Bank of England’s target of 2%, but the direction of the move appears clear.