Inflation in the UK with the first drop for six months

UK inflation slowed down for the first time in six months in December, mainly due to prices of airline tickets and toys.
The fall in inflation led to a 3% rise in the last month of last year, compared with 3.1% a month earlier. The last result was the fastest-growing inflation in the country for over five years.
The main consumer price index, which disregards volatile food and fuel prices, fell to a five-month minimum of 2.5%.
After the data, the pound has seen some decline over other major currencies, reflecting expectations that the ECB may not be as aggressive in the future as concerns interest rates. The British national currency fell 0.2 percent to 1.3772 against the dollar.
Britain is still negotiating conditions for leaving the EU, which may trigger some slowdown in the economy in the future and hence cooling of inflation.
A number of experts comment that we can be at a turning point for inflation, largely triggered by the depreciation of the pound. And the reason for this is again linked to the pound - and more precisely to its appreciation over the dollar in recent months.
The strong British currency is likely to put the pole on the wheel of economic growth as well as on the monetary policy of the central bank in the country.