facebook
twitter
rss
account
search
search
 

Rate of inflation slows in Britain

May 21, 2013 at 8:24 AM   |   Comments

LONDON, May 21 (UPI) -- The Office for National Statistics in Britain said the annual inflation rate, helped by lower transportation costs, dropped from March to April to 2.4 percent.

The inflation rate fell from 2.8 percent in the previous month with notable declines in the price of gasoline and air fares, ONS said.

April marked the first time since August that the rate of inflation was down. For six months the rate had been "particularly stable," ONS said.

Prices for shelter, established in the Consumer Price Index for Housing, rose 2.2 percent in the month at an annual rated, down from 2.6 percent in March.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
GM recalls 221,000 Cadillacs and Impalas GM recalls 221,000 Cadillacs and Impalas
2
Navy's Triton surveillance drone flies cross-country Navy's Triton surveillance drone flies cross-country
3
New National Security Cutter delivered to Coast Guard New National Security Cutter delivered to Coast Guard
4
Ukraine's State Guard Service receives armored personnel carriers Ukraine's State Guard Service receives armored personnel carriers
5
First MT30 engine for Korean Navy frigates passes acceptance tests First MT30 engine for Korean Navy frigates passes acceptance tests
Trending News
Video
x
Feedback