Tue, 17 May 2016 09:17:45 GMT
Surprise UK inflation data driven by air fare plunge
The UK CPI fell short of analyst expectations as the data release showed a 0.1% monthly decrease in the measure for April, missing the predicted 0.3%, with air fares, clothing and vehicles being the main drivers for the price decrease. Data on the year-on-year inflation level showed further disappointment with 0.3%, in comparison to an expected 0.5%, while core inflation