IoD – Ease in inflationary pressures paves way for more rate cuts

Commenting on today’s data from the Office for National Statistics, that showed the annual rate of CPI inflation weakening to 2.6% in March 2025 from 2.8% in February, Anna Leach, Chief Economist at the Institute of Directors, said: “Inflation has come in a little lower than expected again in March, with services inflation easing to 4.7% while…