Inflation in UK falls below zero

Note: This section contains information in English only.
Source: Bloomberg
Britain's consumer prices dropped 0.1% in April on the annual basis and missed the forecast of 0.0%. Negative inflation rate is seen in the UK for the first time since 1960 and is affected mainly by a dip in energy and food prices. With the inflation is well below the BoE's 2% target, the Governor Mark Carney is under a pressure but the falling prices are expected to be temporary.

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