UK April CPI Falls to 2.8%, Below 3.0% Forecast as Energy Price Base Effects Fade

GateNews
According to Jin10, the UK's April consumer price index slowed to 2.8% year-over-year, down from 3.3% in March and below the market expectation of 3.0%, driven by fading base effects from last year's energy price surge. The government will likely announce additional measures on Thursday to help reduce living costs, including potentially canceling a planned fuel tax increase set for September.
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