Inflation drops to 2.4% in April
Inflation dropped from 2.8% to 2.4% in April according to the latest statistics released by the Office of National Statistics (ONS). ONS said the most significant contribution came from transport costs, and most notably from motor fuels and air fare. This is the first fall in inflation since September 2012, while the only considerable upward contribution came from food and non-alcoholic drinks prices. ONS added that over the last six months, the Consumer Price Indices 12-month rate, which inflation is measured by, has…
