The UK Consumer Prices Index (CPI) tumbled to 3% in the 12 months to January 2026, down 0.4% from the last reading, bolstering expectations for the Bank of England (BoE) to cut rates in March.
On a monthly basis, CPI fell by 0.5% in January this year, compared to a fall of just 0.1% in January 2025, according to data from the Office for National Statistics released today (18 February). ...
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