Inflation eased to 2.8% in April thanks to a fall in Ofgem's energy price cap for millions of households. The consumer price index dropped from 3.3%, the Office for National Statistics said, which also revealed a welcome drop in food price inflation too. However, it is expected to be a temporary reprieve as the Middle East war is set to drive living costs back up in the coming months. Before the conflict began, economists predicted inflation would ease back to the Bank of England’s 2% target.

Tag-uri: Inflatie