United Kingdom Consumer Price Index (YoY) came in at 2.8%, below expectations (3%) in April

May 20, 2026

United Kingdom Retail Price Index (YoY) below expectations (3.6%) in April: Actual (3%)

British Pound slumps as UK inflation cools down at a faster pace

The British Pound (GBP) faces selling pressure against its major currency peers, sliding to near 1.3375, during the European trading session on Wednesday.