Financial News: UK Inflation Slows Unexpectedly

UK Inflation Slows Unexpectedly

03/26/2025 - 03:53:00 (RTTNews)

(RTTNews) - UK consumer price inflation softened unexpectedly in February, data from the Office for National Statistics showed on Wednesday.

The consumer price index logged an annual increase of 2.8 percent in February, following January's 3.0 percent rise. Prices were forecast to climb again by 3.0 percent.

Core inflation that excludes prices of energy, food, alcohol and tobacco, was 3.5 percent, down from 3.7 percent in January. The rate was also below economists' forecast of 3.6 percent.

On a monthly basis, consumer prices moved up 0.4 percent, in contrast to the 0.1 percent fall in January. Economists had forecast prices to increase 0.5 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Eurozone Inflation Expectations Unchanged: ECB Survey (40 min(s), 43 sec(s) ago)
(RTTNews) - Euro area consumers' inflation expectations for the next 12 months and three years ...Full Story»

German Unemployment Rate Rises In March (54 min(s), 43 sec(s) ago)
(RTTNews) - German unemployment increased more than expected in March as economic downturn continu ...Full Story»

Mexico Jobless Rate Falls To 2.5% (50 min(s), 43 sec(s) ago)
(RTTNews) - Mexico's unemployment rate decreased in February after rising in the previous mont ...Full Story»

U.S. Consumer Sentiment Slumps More Than Previously Estimated In March (27 min(s), 43 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. fell by more than previously estimated in the month of ...Full Story»

Brazil Jobless Rate Rises To 6.8% (26 min(s), 43 sec(s) ago)
(RTTNews) - Brazil's unemployment rate decreased in the three months ending February, figures ...Full Story»

N. Macedonia Retail Sales Rise 1.2% In February (09 min(s), 43 sec(s) ago)
(RTTNews) - Retail sales in North Macedonia grew in February led by the increased demand for food ...Full Story»

Ireland Retail Sales Rise 0.7% (58 min(s), 43 sec(s) ago)
(RTTNews) - Ireland's retail sales increased in February after remaining flat in the previous ...Full Story»

Cyprus Industrial Production Growth Improves In January (49 min(s), 43 sec(s) ago)
(RTTNews) - Cyprus' industrial production rose for a second straight month and at a faster pac ...Full Story»