Gelonghui May 22| Victoria Clarke, chief UK economist at Santander, said in a report that the Bank of England needs more and betterfreeslotstoplayforfunonlyinflation data can only be used to cut interest rates in June. Given that service sector inflation is slowing at a slow pace, a decline in inflation in April will be bittersweet for the central bank. It is hard to deny that the news will not make policymakers more nervous about the persistence of inflation. In terms of service prices, month-on-month increases in hotel and cafe prices show how strongly higher labor costs have boosted prices in some industries. Clarke added that this challenged the Bank of England's looser expectations of reduced transmission of input prices to output prices.