21-May-2026
Economy News
 
UK Inflation Slows to 2.8% in April
20-May-2026

British consumer price inflation slowed to 2.8% in April from 3.3% in March, according to official figures published on Wednesday. Economists polled by Reuters had mostly expected inflation to soften to 3.0%, in large part due to the big increases in utility and other regulated prices in April last year falling out of the annual comparison. Before the U.S.-Israeli war on Iran began on February 28, the Bank of England said inflation in Britain - the highest among the Group of Seven economies for much of the last four years - was likely to be close to its 2% target in April.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-20/uk-inflation-slows-to-2-8-in-april