UK inflation unexpectedly falls in February

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British consumer price inflation fell to 0.4per cent in February from 0.7per cent in January, reflecting unusual patterns of clothing discounts, ...

British consumer price inflation fell to 0.4per cent in February from 0.7per cent in January, reflecting unusual patterns of clothing discounts, official figures showed on Wednesday, versus forecasts in a Reuters poll for it to edge up to 0.8per cent.

FILE PHOTO: People shop at a market stalls in east London, Britain, January 23, 2021. REUTERS/Henry Nicholls/File PhotoShare this contentLONDON: British consumer price inflation fell to 0.4per cent in February from 0.7per cent in January, reflecting unusual patterns of clothing discounts, official figures showed on Wednesday, versus forecasts in a Reuters poll for it to edge up to 0.8per cent.

 

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