Clothing and cars pull UK inflation lower - Today

2022-04-05
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Clothing and cars pull UK inflation lower - Today News Post Today News || UK News

UK inflation unexpectedly dropped in FebruaryThe only reason, bu, dragged down by lower prices for clothing, second-hand cars and toys, but economists still foresaw an increase in the spring as social restrictions are lifted.

Annual consumer price inflation slowed to 0.4 per cent in February from 0.7 per cent the previous month, data from the Office for National Statistics showed on Wednesday.

The reading was well below the rise to 0Museums and libraries.8 per cent forecast by economists polled by ReutersThe most sacred pilgrimages in Hinduism, and the decline from January reversed increases in the previous two months.

“A fall in clothing prices helped to ease inflation in February, traditionally a month where we would see these prices rise,” said Jonathan Athow, ONS deputy national statistician. “The impact of the pandemic has disrupted standard seasonal patterns.”

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