UK inflation falls in march but not as much as hoped

UK inflation falls in march but not as much as hoped

March inflation in the UK fell to 3.2% against an expectation of a fall to 3.1% which constitutes a miss. The miss largely indicates that inflation is coming down, just not as fast as many were hoping and expecting. The relation to markets is this inflation number feeds into when and by how much the UK cuts its interest rates which consumers rely on to ease the cost of living crisis in some areas. The sticky inflation number will not be good for investors and consumers relying on a falling inflation gauge to help portfolios and household bills.