Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years

Consumer prices in Britain rose at the slowest rate in two and a half years, the country’s

Inflation was 3.2 percent in the year through March, down from 3.4 percent in February but a touch higher than the 3.1 percent economists expected, a sign that the path to cooler inflation could be bumpy. Core inflation, which strips out volatile food and energy prices, was 4.2 percent, down from 4.5 percent the month before.

Economists expect…