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Bigger-than-forecast decline in annual rate in February is positive news for chancellor in run-up to Commons addressBusiness live – latest updatesUK inflation has fallen back by more than forecast, to 2.8%, providing some positive news for Rachel Reeves before she makes her spring statement.The Office for National Statistics said annual inflation as measured by the consumer prices index cooled last month, resuming a downward trajectory after an increase to 3% in January from 2.5% in December. Continue reading…
Bigger-than-forecast decline in annual rate in February is positive news for chancellor in run-up to Commons address
UK inflation has fallen back by more than forecast, to 2.8%, providing some positive news for Rachel Reeves before she makes her spring statement.
The Office for National Statistics said annual inflation as measured by the consumer prices index cooled last month, resuming a downward trajectory after an increase to 3% in January from 2.5% in December.
