UK inflation data for February 'little more than a relic' as it holds at 3%

Uncertainty over central bank rates

Michael Nelson
clock • 4 min read
UK inflation data for February 'little more than a relic' as it holds at 3%

The UK Consumer Prices Index (CPI) rose by 3% in the 12 months to February 2026, unchanged from January, as economists sound the alarm on the looming energy price shock resulting from conflict in the Middle East.

On a monthly basis, CPI rose by 0.4% in February this year, the same rate as in February 2025, according to data from the Office for National Statistics released today (25 March).  Clothing made...

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