This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/business-22605884

The article has changed 5 times. There is an RSS feed of changes available.

Version 1 Version 2
UK inflation rate falls to 2.4% in April Pound falls after surprise dip in inflation
(35 minutes later)
The UK's inflation rate fell to 2.4% in April, according to the Office for National Statistics, down from 2.8% in March. The pound has fallen after lower fuel prices led to a lower-than-expected inflation rate of 2.4% for April, according to the Office for National Statistics.
Lower petrol prices and air fares helped the consumer prices index (CPI) to fall for the first time since September 2012. That was down from 2.8% in March.
Falling transport costs, including air fares, saw the consumer prices index (CPI) fall for the first time since September 2012.
But food prices continued to rise as cold weather hit crop production.But food prices continued to rise as cold weather hit crop production.
Inflation as measured by the retail prices index (RPI) fell to 2.9% in April, from 3.3% the month before.Inflation as measured by the retail prices index (RPI) fell to 2.9% in April, from 3.3% the month before.
Petrol and diesel prices fell by 2.1p and 3.9p a litre respectively between March and April, which will be welcome news to hard-pressed motorists. The pound fell to $1.5184 from $1.5212 on the news, while the euro rose to 84.67p from 84.58p.
The fall came as traders interpreted the data as giving incoming governor of the Bank of England, Mark Carney, more leeway to stimulate economic growth.
Petrol and diesel prices fell by 2.1p and 3.9p a litre respectively between March and April, the ONS said.
The average price of petrol in the UK is currently £1.33 a litre or £1.38 for diesel.The average price of petrol in the UK is currently £1.33 a litre or £1.38 for diesel.
Food prices have risen 40% since 2007 and the recent extended period of cold weather has dented crop yields, putting further pressure on fruit and vegetable prices.Food prices have risen 40% since 2007 and the recent extended period of cold weather has dented crop yields, putting further pressure on fruit and vegetable prices.