WASHINGTON, April 17 (Reuters) - British inflation is broadly declining in line with the Bank of England's forecasts, and next month's numbers look on track for a sharp drop towards the central bank's 2% target, Governor Andrew Bailey said on Wednesday.
Official figures earlier on Wednesday showed annual consumer price inflation fell to 3.2% in March from 3.4% in February, a slightly smaller decline than the drop to 3.1% which was the median forecast in a Reuters poll of economists.
Bailey was speaking at an event in Washington hosted by the Institute of International Finance while he was attending meetings of the International Monetary Fund. (Reporting by Pete Schroeder, writing by David Milliken; editing by William James)