UK Inflation Dips to Multi-Year Low UK inflation experienced a significant drop to 3.4% in February, reaching its lowest level since September 2021 and falling below economists’ expectations. This decline from January’s 4% rate marks a continuation of the trend towards easing inflation, particularly noted in the costs of food, restaurants, and cafes. Despite the overall reduction, housing and fuel prices applied upward pressure on the inflation rate. Notably, food and non-alcoholic beverage prices have risen at the slowest annual pace since January 2022, highlighting an eleventh consecutive month of slowing inflation rates from a 45-year peak in March 2023. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Bank of Canada Highlights Investment Need to Combat Inflation READ MORE Modest Inflation Increase Won't Derail Fed's Easing Strategy READ MORE Evidence and Insights About Gold’s Long-Term Uptrend READ MORE PRICE ALERT: Gold to $2,415 Nearing Record Highs, Silver to $31.50 READ MORE JPMorgan Sees Gold Soaring to $2,500 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment