UK inflation remained steady in January, according to the latest data from the Office for National Statistics , but came in marginally below market expectations. According to the ONS,
‘ The largest upward contribution to the monthly change in both CPIH and CPI annual rates came from housing and household services,while the largest downward contribution came from furniture and household goods, and food and non-alcoholic beverages.UK inflation is seen falling towards the central bank’s 2% target in the coming months.
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