Image:
Increases were largely attributed to rises in fuel, gas and electricity prices as well as food and non-alcoholic beverages
UK inflation unexpectedly increased to 10.4% in February after three months of decline, increasing pressure on the Bank of England to plough ahead with interest rates rises.
The consumer price index grew from 10.1% in January, while the consumer price index including owner occupiers' housing costs (CIPH) rose to 9.2% in February, up from 8.8% a month prior, according t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
