Cameron hopes inflation will fall in 2012

LONDON (Reuters) - Prime Minister David Cameron said on Friday he hoped inflation in Britain would fall in 2012 but said the rebalancing of the country's economy had not gone as fast as he would have liked. "Inflation has been stubbornly high and that had an effect on household income last year and so consumers felt particularly squeezed. Looking into 2012 one of the trends I hope to see happen is a fall in the level of inflation and so therefore households feeling under less pressure than they did in 2011," Cameron told BBC radio. ...