World News

What’s the impact of falling inflation and what will happen next?

Inflation fell more than expected and for the second month in a row, official figures show.

The consumer price index (CPI) measure of inflation fell to 2.6% in March, down from 2.8% in February and 3% in January, according to Office for National Statistics (ONS) data.

It means prices are rising at the slowest pace since December and closest to the Bank of England’s 2% target.

Sky’s Paul Kelso breaks down the numbers and explains what the impact could be on living costs.

Read more: https://news.sky.com/story/inflation-surprisingly-continues-to-fall-but-expect-an-april-rebound-due-to-across-the-board-bill-hikes-13349372

#skynews #inflation #business #economy #uk #data

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