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According to the UK's National Statistics Office, consumer prices rose 3.4% year-on-year in February, which was the lowest since September 2021. This growth turned out to be slightly lower than analysts' expectations, according to which inflation was expected to reach 3.5%. Thus, the inflation rate has significantly decreased compared to January, when inflation reached 4%. On a monthly basis, prices rose by 0.6% after a January drop of the same percentage, while the analytical consensus predicted an increase of 0.7%. Core inflation, excluding the cost of food, alcohol, tobacco and energy, also rose by 4.5% year-on-year, which was the lowest since January 2022, and by 0.6% month-on-month. The retail price index (RPI), important for determining salary negotiations, showed a slowdown in growth to 4.5% year-on-year from 4.9% in January, reflecting differences in accounting for housing costs, air fares, insurance and gasoline prices between the CPI and RPI indices. The RPI increased by 0.8% compared to January, when it was marked by a decrease of 0.3%.
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RYCHLÉ ODKAZY
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at First Floor, SVG Teachers Co-operative Credit Union Limited Uptown Building, Corner of James and Middle Street, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
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