The speed of inflation eased again by greater than anticipated in February, based on official figures launched forward of a predicted leap within the tempo of worth progress.
The Workplace for Nationwide Statistics (ONS) stated the rolling annual charge for the patron costs index measure stood at 2.8%, slowing from 3% the earlier month.
ONS chief economist Grant Fitzner stated of the shift: “Clothing prices, particularly for women’s clothing, was the biggest driver of this month’s fall.
“This was solely partially offset by small will increase, for instance, from alcoholic drinks.”
Cash newest: Why the inflation information issues to you
Economists had anticipated a largely flat image for the general tempo of worth progress final month however warn that it’s anticipated to leap markedly in April when households face inflation-busting will increase to many payments.
They embrace these for power, except you might be on a hard and fast charge tariff, water and council tax.
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