UK inflation slumps to lowest since 2016 as coronavirus hits

Britain's inflation rate sank to its lowest level since 2016 in April due to the global health crisis.Official data released Wednesday (May 20) showed consumer price inflation dropped to an annual rate of 0.8%, compared with 1.5% in March.It marked the sharpest one-month fall in more than a decade, and dragged inflation further below the Bank of England's 2% target.Britain's Office of National Sta


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