UK Inflation

Services inflation in decline alongside gas and electricity prices

Inflation hits Bank of England's target for the first time since 2021

CPI figure lower than expected after remaining stagnant at 4%

January figures come in under consensus expectations of rise to 4.2%

Inflation rises after two consecutive months of sharp falls

BoE chief economist warns fight against rising prices is not over

Inflation has fallen to its lowest level in 17 months

UK inflation remains 'outlier' compared to developed economies

UK inflation fell to 10.1% in the year to January, below economists’ expectations

Consumer Prices Index rose by 2% in October 2022