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UK annual inflation drops to 3.4% in February

Despite the slightly better-than-expected drop and the lowest inflation since September 2021, the rate remains well above the Bank of England's two-percent target.

March 20, 2024 / 02:35 PM IST
UK annual inflation drops to 3.4% in February

UK annual inflation drops to 3.4% in February

Britain's annual inflation rate dropped to 3.4 percent in February from 4.0 percent a month earlier, official data showed Wednesday.

Despite the slightly better-than-expected drop and the lowest inflation since September 2021, the rate remains well above the Bank of England's two-percent target.

AFP
first published: Mar 20, 2024 01:10 pm

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