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 Record Inflows Catapult Bitcoin Near All-Time Highs READ MORE Yuan Undercuts Dollar: A Shift in Global Currency Dynamics READ MORE ZeroHedge: Physical Silver Buyers Gatecrash COMEX Vaults READ MORE ZeroHedge: Questions About Gold The CFTC And Fed Won’t Answer READ MORE Inflation Fears Spark Rally in Gold and Oil, Casting Doubt on Fed's Strategy READ MORE Add a Comment Cancel replyYour email address will not be published.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