UK inflation drops to 1.7%

clock

The UK's headline inflation rate dropped to 1.7% in February, its lowest level since late 2009.

The Office for National Statistics (ONS) said the Consumer Prices Index (CPI) inflation rate had dropped from 1.9% in January, as a combination of cheaper petrol and clothing pushed the rate down. ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: What's next for real assets in a changing landscape?

Partner Insight: What's next for real assets in a changing landscape?

Despite the uncertainty surrounding interest rates and inflation, global appetite for real assets remains strong

Aviva
clock 17 April 2024 • 1 min read
UK inflation falls less than expected over March to 3.2%

UK inflation falls less than expected over March to 3.2%

Services inflation will be a key watch item for the BoE over the next few months.

clock 17 April 2024 • 2 min read
UK pension funds intend to raise renewable investment levels over next five years

UK pension funds intend to raise renewable investment levels over next five years

AlphaReal research finds 95% of respondents plan to increase renewable energy allocations

Martin Richmond
clock 16 April 2024 • 2 min read
Trustpilot