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UK inflation slows in February as Brexit hit to pound fades

Reuters India Tuesday, 20 March 2018
LONDON (Reuters) - British inflation was weaker than expected in February as the impact of the 2016 Brexit vote faded, easing some of the squeeze on households' spending power but doing little to change bets on a Bank of England rate rise in May.
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News video: UK: inflation data bolsters Brexit cheer

UK: inflation data bolsters Brexit cheer 01:44

British inflation was weaker than expected in February as the impact of the 2016 Brexit vote faded from the figures, easing some of the squeeze on consumers who have seen their pay rise more slowly than prices. As David Pollard reports, the data comes a day after Britain and the EU agreed to a...

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