U.K. inflation falls, rate increase still expected

The U.K. economy is unlike most European economies. It has an unemployment rate which is only bettered by Germany and it has no problem with deflation. It was also one of the first countries to get inflation back to within its central bank’s stated target range of 2%-3%.  The annual rate of U.K. consumer inflation fell again in March as price increases of women’s apparel, alcohol and tobacco slowed. Consumer...

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