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UK inflation drops to 2.4 percent in April

  • The rate of inflation in the UK dropped to 2.4 percent in April, according to the Office for National Statistics on Tuesday.

    The figure is down from 2.8 percent in March and comes on the back of lower petrol prices and airfares.

    It is the first time the inflation rate has dropped since September 2012.

    Inflation, as measured by the retail prices index (RPI), was down to 2.9 percent in April compared to 3.3 percent the month before.

    Tagged as: Business news, UK business, UK inflation, UK inflation drops