Inflation fell faster than expected last month, dropping to its lowest level in nearly two and a half years, as markets brace for the latest interest rate decision from the Bank of England.

Figures from the Office for National Statistics (ONS) showed that the headline rate of inflation dropped to 3.4 per cent in February, down from four per cent the month before. Economists had expected a reading of 3.5 per cent.

Read more of the story here ⬇️
https://www.cityam.com/inflation-drop...

Get more of City A.M. 👇
🌐 http://www.cityam.com
X(formerly Twitter):   / cityam  
Facebook:   / cityam  
Instagram:   / city_am  
LinkedIn:   / cityam  

#inflation #interestrates #recession #bankofengland #costofliving #costoflivingcrisis #banking #personalfinance #economy #ukeconomy #uknews #trendingnews #trending #markets #economists