UK inflation falls to 2.5%, its lowest level for a year

Unexpected decline knocked sterling down against dollar and throws prospects of interest rate rise into doubtUK inflation unexpectedly fell last month to its lowest level in a year, raising questions over whether the Bank of England will raise interest rates next month. In the latest sign of the waning impact of the Brexit vote on household finances, the consumer price index (CPI) dropped to 2.5% in March, according to the Office for National Statistics. Economists had expected the annual rate o