India, May 22 -- UK consumer price inflation weakened to the lowest since July 2021, data from the Office for National Statistics revealed on Wednesday. Consumer prices rose 2.3 percent on a yearly basis in April, slower than the 3.2 percent increase in March. However, inflation was stronger than economists' forecast of 2.1 percent.
The April inflation was the weakest since July 2021, when it was 2.0 percent.
Month-on-month, the consumer price index posted 0.3 percent increase after rising 0.6 percent a month ago. Economists were expecting a 0.2 percent gain.
Core inflation that excludes energy, food, alcohol and tobacco, softened to 3.9 percent from 4.2 percent in March but remained above forecast of 3.6 percent.
The ONS said falling g...