News portalspace

MailUs

News Portalspace

June 23, 2025
Menu
  • Home
  • Sports
  • Politics
  • Health
  • Science
  • Economy
  • Business
  • International

Blog Post

News portalspace > Business > Inflation latest: UK inflation falls to 3.4% as food price rises slow
news
March 20, 2024
0
93

Inflation latest: UK inflation falls to 3.4% as food price rises slow





Inflation latest: UK inflation falls to 3.4% as food price rises slow – BBC News

























BreakingBreaking news

Summary

  1. UK inflation falls to 3.4% in the year to February – the lowest level in almost two and a half years
  2. The slower pace of food price rises helped push down inflation, along with soft drinks, restaurants and hotels, the Office for National Statistics said
  3. This effect was partially offset by petrol prices and rental costs
  4. Overall, the cost of living is not falling but prices are rising less quickly than they were previously
  5. Chancellor Jeremy Hunt says the “plan is working” but Labour’s Rachel Reeves calls for an election, saying “Britain cannot afford another five years” of a Conservative government
  6. Inflation was running at 4% in the year to January, the same as December’s rate
  7. Inflation peaked at 11.1% in October 2022 – the government pledged to halve the rate in 2023
  8. The Bank of England, which has a target rate of inflation of 2%, uses the latest figure when weighing up whether to raise or lower interest rates



#Inflation #latest #inflation #falls #food #price #rises #slow

Tags Latest, Newest
Inflation latest: UK inflation falls to 3.4% as food price rises slow
Previous

Alabama lawmakers have approved sweeping anti-DEI bill : NPR

Inflation latest: UK inflation falls to 3.4% as food price rises slow
Next

Paris 2024 Olympics: Russia & Belarus athletes will not be part of opening ceremony

Leave a comment Cancel reply

Your email address will not be published. Required fields are marked *

  • Home
  • Sports
  • Politics
  • Health
  • Science
  • Economy
  • Business
  • International

Contacts

CC CONCEPT LIMITED
Company number: 12700937
Address: College House 17 King Edwards Road, 2nd Floor, London, UK, HA4 7AE
[email protected]
www.ccconcept.eu

Business

Do CEOs Dare Risk Tariff Transparency, and Draw Trump’s Fury?

news
01 May 2025

Today’s top weather news: Severe weather kills 3 in New York; Invest 90L monitored in Atlantic 01

Today’s top weather news: Severe weather kills 3 in New York; Invest 90L monitored in Atlantic

The victims caught in the crossfire in Cape Town 02

The victims caught in the crossfire in Cape Town

Key players tangle at UNSC at ‘perilous turn’ of US-Israel-Iran conflict | Conflict News 03

Key players tangle at UNSC at ‘perilous turn’ of US-Israel-Iran conflict | Conflict News

Mounjaro weight loss jab available at GPs 04

Mounjaro weight loss jab available at GPs

© 2025 newsportalspace.com All Rights Reserved.