World Economy

UK Inflation Falls

UK Inflation FallsUK Inflation Falls

UK households’ inflation expectations fell to their lowest level in more than 13 years in February, according to the Bank of England, BBC reported. Inflation expectations for the year ahead fell to 1.9% last month, the lowest level since late 2001, from 2.5% in November. The bank also said that it could turn negative in the coming months.