UK inflation falls: what the experts say

Analysts offer their views on the news that inflation eased to 2.5% last month The news that inflation fell in August increases expectations that the Bank of England will deliver further quantitative easing (QE) in the fourth quarter. Photograph: Andy Rain/EPA UK inflation eased last month as retailers cut prices to tempt in cash-strapped shoppers. The annual consumer price inflation came down to 2.5% in August, from 2.6% in July, in line with analyst expectations. Retail price inflation – which includes the cost of mortgages and council tax – eased to 2.9% from 3.2% in July. Chris Williamson, Markit...