UK inflation falls less than expected over March to 3.2%

Services inflation will be a key watch item for the BoE over the next few months.

clock • 2 min read
The Office for National Statistics said the easing in the rate between March and February was due to prices rising by 0.6% on the month, compared to a 0.8% rise in the previous year.
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The Office for National Statistics said the easing in the rate between March and February was due to prices rising by 0.6% on the month, compared to a 0.8% rise in the previous year.

The Consumer Prices Index (CPI) rose by 3.2% on a yearly basis in March, down from 3.4% in February, but higher than the 3.1% forecast by economists.

In a statement published today (17 April), the Office for National Statistics said the easing in the rate between March and February was due to prices rising by 0.6% on the month, compared to a 0.8...

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