Inflation edges lower in April

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Consumer Price Inflation fell to 2.4% in April – its lowest level since March 2017.

The fall from 2.5% in March was partly blamed on the timing of Easter, which meant a seasonal rise in air fares was not included in April this year.

The figures did show the effect of the sugar tax that drove up the prices of soft drinks and juices.

The fall in inflation will ease pressure on the Bank of England to raise interest rates.

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