UK inflation falls to 2.6%, increasing pressure on Bank to cut interest rates
March annual rate comes before expected rise because of household bills going up this month
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UK inflation dropped to 2.6% in March, increasing the pressure on Bank of England policymakers to cut interest rates next month as Donald Trump’s tariff wars cast an uncertain outlook.
Prices growth was weak ahead of an expected rise in April as households begin to pay higher council tax and utility bills.