UK Consumer Price Inflation Slows to 2.3% in April

British consumer prices increased by 2.3% annually in April, down from 3.2% in March, according to the Office for National Statistics. This rate matched predictions from the Bank of England and Reuters-polled economists, who had forecast an annual rate of 2.1%.

British consumer prices rose by 2.3% in annual terms in April, slowing from a 3.2% increase in March, the Office for National Statistics said on Wednesday.

The Bank of England and economists polled by Reuters had forecast an annual rate of 2.1%.