Gronghui, May 22 | Victoria Clarke, chief British economist at Santander Bank, said in a report that the Bank of England needs more and better inflation data to cut interest rates in June. The fall in inflation in April will be bittersweet for central banks, given that service sector inflation is slowing at a slow pace. It's hard to deny that this news won't make policymakers more nervous about continued inflation. In terms of service prices, the month-on-month increase in hotel and cafe prices shows how strongly rising labor costs are boosting prices in some industries. Clarke added that this challenged the Bank of England's looser expectations, that is, the transmission of input prices to output prices would decrease.