A general view of people who visit the Pub Trafalgar Taver decorated with packaging lights and strings on the shore of the Thames river in Greenwich on December 16, 2023 in London, the United Kingdom.
John Keeble | Getty Images News | Getty images
The annual inflation rate of the United Kingdom fell to 2.6% in March, below the expectations of analysts, according to the data published by the Office of National Statistics (ONS) on Wednesday.
The economists surveyed by Reuters had anticipated that the consumer price index would reach 2.7% in the twelve months until March.
The price rate in Great Britain reached 2.8% in February, after increasing considerably 3% in January.
Central inflation, which excludes more volatile energy, food, alcohol and tobacco prices, increased 3.4% in the year until March, a bit of 3.5% in February.
The greatest contributions down to the monthly change in the inflation rate came from recreation and culture, and motorized fuels, the Ons said, while the largest ascending driver was clothes.
Pound sterling 0.25% rose against the US dollar to $ 1,3265, after data release.
The latest data will be closely analyzed by policy formulators at the Bank of England, who are expected to reduce interest rates when they become May 8. 4.5% BOE heroes rates in their previous meeting in March in the middle of growing increasing increasing the increase and lobe and lobe and lobe and lobe and lobe and lobe and the footprint of the tasaninos of lobes of the Donald Trump lobe.
There was good news for the United Kingdom last week, when the last months of growth showed that the British economy grew 0.5% months in man in February. The United Kingdom also hopes to sign a commercial agreement with Washington, having escaped relatively unscathed from the Trump rate regime with only a 10% line of 10% line in imports to the states.
The merchants will closely analyze the next BOE policy statement on Thursday for evaluation of economic perspectives for the country.
In a statement in March, the Central Bank said that “the uncertainty of global commercial policy has intensified, and the United States has made a range of tariff ads, to which some governments have responded.”
“Other geopolitical uncertainties have also increased and the indicators of the volatility of the financial market have increased worldwide,” he added.
The BOE warned in February that it expected to temporarily increase to 3.7% in the third quarter of this year, since energy costs accelerate. At that time, it also reduced its 2025 growth forecast for the United Kingdom at 0.75%