Inflation in Britain has decreased substantially in April, while retail prices fell the fastest pace since the beginning point of such statistics in 1948, told the Cabinet of National Statistics UK. Annual consumer price index fell to 2.3% last month from 2.9% in March, at least since January 2008. Economists expected the Consumer Price Index will rise over the same period last year to 2.4%. The main perpetrators of deflationary pressures were housing and utilities sector, which significantly reduced the tariffs for electricity and gas. Moreover, reduced food prices, especially for vegetables and meats, and drinks nealkogolnye. Core consumer price index, which excludes prices for food, fuel, alcohol and tobacco - has shown that pressure on prices were more comprehensive, since the annual rate down to 1.5% in April from 1.7% in March. Retail prices fell more than expected at 1.2% in April - the biggest drop in 60 years - since the payments of interest on a mortgage has been reduced after lowering a key interest rate Bank of England to 0.5% from 1.0% in March.
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