Prices rose 2.6% in March from a year earlier, slowing from an annual rate of inflation of 2.8% in February, teeing up a new cut to interest rates.

UK inflation fell more than expected in March, paving the way for the Bank of England (BoE) to cut interest rates next month to 4.25%. The Consumer Price Index (CPI) measure of inflation fell to 2.6% from 2.

Bank of England interest rate-setter Megan Greene said on Saturday it was unclear what U.S. President Donald Trump's import tariffs would do to UK inflation with the unpredictable behaviour of the dollar adding to the puzzle.