UK inflation eases more than expected to 2.8%, led by lower electricity and gas bills – business live

Food inflation slows to 3%, led by meat and chocolate, and package holidays drive inflation down further; prices of computer game downloads drop sharply Here’s some reaction to the slowdown in inflation in April to 2.8%.Anna Leach, chief economist at the Institute of Directors, said:Sadly, this improvement is set to be short lived as the impact from the Middle East conflict continues to build, with motor fuel prices rising at the fastest pace since the Ukraine war.Inflation is set to remain elev...