Tue, 22 May 2012 13:53:42 GMT
UK inflation decreased more than expected
UK's inflation in April was lower than expected and reached 3% on yearly basis. It dropped 50 basis points since march and it was the first time in more than 2 years when yearly inflation was withing government target. Core inflation which does not take in to account more volatile food, alcohol, tobacco and energy prices slowed down by 40 basis points since March