UK inflation has fallen unexpectedly to 2.8% in February, according to the latest Office for National Statistics data ... On 20 March, the Bank of England voted to maintain the interest rate at 4.5% ...

Prices in the UK rose by 3% in the 12 months to January, well above the Bank of England's target. The Bank moves interest rates up and down to try to keep inflation at 2%, and has cut three times ...

UK inflation eased by more than ... Rachel Reeves ahead of her spring statement. The rate of Consumer Prices Index (CPI) inflation fell to 2.8% in February from 3% in January, the Office for National ...

The UK inflation rate fell to 2.8% in the year to February, in a boost to chancellor Rachel Reeves as she prepares to deliver a high-stakes spring statement. The latest figures from the Office for ...

The UK Consumer Prices Index (CPI) annual inflation ... from the previous rate of 3% reported in January. The information, disclosed by the Office for National Statistics (ONS), also noted that ...

Britain's economy returned to growth in February with its fastest expansion in 11 months, beating economists' expectations ...

The Office for National Statistics said services inflation - closely watched by the BoE - held at an annual rate of 5.0%, against expectations for a fall to 4.9%. The central bank had expected it ...

THE UK'S rate of inflation has fallen in February. The Office for National Statistics (ONS) said the Consumer Price Index (CPI) measured 2.8% in the 12 months to February. This is compared to a ...

The United Kingdom ... Office for National Statistics (ONS) maintains a "basket" of over 750 goods and services representing typical household expenditure, which is used to calculate the inflation ...

UK pay growth was steady in the three months to January but remained above inflation ahead of the Bank of England's (BoE) latest interest rate decision. UK average weekly earnings excluding bonuses ...

The Office for National Statistics (ONS ... it may limit the pace of interest rate cuts by fuelling fears over rising inflation. “The UK’s labour market may soon slide into choppier waters ...

Prices in the UK ... the ONS said was driven by a fall in the cost of women's clothing. Inflation has fallen significantly since hitting 11.1% in October 2022, which was the highest rate for ...