The U.K. was once home to the developed world’s worst inflation. Now, it’s within striking distance of the central money institution’s 2% target.
The Consumer Prices Index rose by 2.3% in the 12 months through April — the smallest gain since the summer of 2021.That is down from the 3.2% in March, a plunge driven by an energy price cut that resulted in the largest annual fall in electricity and gas costs on record.The April data shows a plunge from the 3.2% in March, though economists thought it would actually drop further to 2.1%.
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CFDs are complex instruments and come with a high hazard of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high hazard of losing your money.
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