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

• Analysis: Good news on UK inflation may be short-lived amid trade war and rising household bills
• Business live – latest updates

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.

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