Close Menu
    UK inflation rate falls by more than expected to 2.6% in March
    United Kingdom

    UK inflation rate falls by more than expected to 2.6% in March

    Share.
    View 26 Comments

    26 Comments

    3. ObiWanKenobiNil on

      > Inflation may have cooled from its red hot 11.1% in October 2022 – but the pace of price rises remains stubbornly above the Bank of England’s target of 2%.

      > Economists expect the March figure we’ll get shortly will show a tiny drop from the previous month to around 2.7%. But they think the rate will tick up again to around 3% over the coming months, and peak at around the 3.7% mark in the autumn.

      > That’s because a raft of household bills went up this month and businesses are feeling the pinch from extra costs.

    4. Sidsagentleman on

      Maintaining any level of stability in a currently volatile global economy feels like good news to me 😊

    5. SpaceRacketeer on

      When life itself has become unaffordable for its own citizens, people tend to buy less. How many full-time bureaucrats will be needed to arrive at this conclusion?

    6. tipytopmain on

      Not sure this will have any effect on what BoE do with interest rates in the short term because analysts still predict a spike in inflation mid year that will reflect the effects of rising employer costs. But regardless it’s positive to see there’s no Truss-flation that the doomers were predicting following Reeves’ budget.

    7. richmeister6666 on

      So we’ve had 0.5% gdp growth in one month, ftse100 is climbing and inflation is down. I’m beginning to think reeves might know what she’s doing.

    8. tralker on

      Waiting for all the positive comments about awaiting for all the negative comments about why this is a bad thing

    9. Anderrrrr on

      When factual good news happens, you praise the government.

      When factual bad news happens, you criticize the government.

      This never happens like it should, but we aren’t surprised are we?

      In this case, good on Labour at least.

    10. LHMNBRO08 on

      Here we go!!! Finally get those money taps back on, drop the rates, let the juices flow. WE ARE BACK. lol, jk, probably some grim virus or something is gonna come around again and we’ll have a “once in a lifetime financial shock event” – I’ve had 5 in my lifetime.

      I just want some economic prosperity.

    11. Short_Taro_2800 on

      When people are left with no money to spend, what can they buy. Other than bare essentials.

    12. KFC_Fleshlight on

      Core CPI was 3.4% and came as expected. Consumer prices was 2.6% with 2.7% expected

    13. Robes_o-o on

      Oh would you look at that. Labour are actually tacking inflation. Who would have known.

    14. ISmellMoney11 on

      The WTI price dropped to 60 from 80 and I do not see the petrol price dropped by 10%. Any clues why?

    15. Ordinary_Shallot_674 on

      It’s good but it’s still more than twice the annual rate of pay increase I’ve received for the last 3 years…

    16. Acceptable-Sir3062 on

      Fall in inflation due to falling petrol prices… lol. Definitely no change in fuel prices anywhere near my area… I’m sure they make this shit up 🙄

    17. No_Flounder_1155 on

      > The Bank of England has forecast inflation to rise further this year to 3.7%, and stay above its 2% target until the end of 2027

      5 years in total.

    19. PyroRampage on

      Waiting for all the comments who think this means prices are gonna drop and mistake a drop in inflation for negative inflation!

    20. alii-b on

      Just before I confuse myself, am I right that we still have inflation, it just hasn’t risen as much. Cause my broadband is still going up next month, does that just mean it wont rise as as much this year?

    21. KumSnatcher on

      Kill growth to keep inflation low, ignoring the cumulative effects of inflation from the last 5 years, wowza, 10/10

    22. Matt6453 on

      US Tariffs on China causes China to dump US bonds which puts downward pressure on the $$ which causes oil to drop which results in cheaper petrol on the forecourt.

      This is the chaos Trump has unleashed, somehow it’s translated to a short term UK benefit in this instance.

    23. HomerMadeMeDoIt on

      If inflation is down, why did the water bill go up 50%, rent 35%, train prices 5% and council tax bill 5%?

      These headlines are bollocks. In the past 3 years nothing has gotten cheaper whatsoever at all. 

      Since the Uk has such a badly regulated market, prices will continue to soar and real life inflation will keep pricing people out

    24. BidDaddyDiesel on

      Wages are up.

      Inflation down.

      Nhs waiting list down.

      Conservative loop holes are being closed.

      Man, these guys are horrible

    26. kubes_04 on

      Not very well versed in economics. I know it’s a good thing but could someone explain why please