UK CPI down to 2.3% in Apr, core CPI falls to 3.9%, both above expectations

UK CPI slowed sharply from 3.2% yoy to 2.3% yoy in April, but above expectation of 2.1% yoy. Core CPI (excluding energy, food, alcohol and tobacco) slowed from 4.2% yoy to 3.9% yoy, above expectation of 3.6% yoy. CPI goods annual rate turned negative from 0.8% yoy to -0.8% yoy. But CPI services annual rate […]

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