UK Annual Inflation Hits 13-Month Low, Remains Elevated at 8.7%
UK annual inflation rate drops to a 13-month low of 8.7 percent in April. This could be perceived as due to weaker energy prices compared to prices of the previous year. Grant Fitzner, the Chief Economist at the ONS, noted that while the inflation rate had decreased, prices still remained significantly higher than the same … Read more
