HomeNewsWorldUK annual inflation drops to 3.4% in February

UK annual inflation drops to 3.4% in February

Despite the slightly better-than-expected drop and the lowest inflation since September 2021, the rate remains well above the Bank of England's two-percent target.

March 20, 2024 / 15:03 IST
Story continues below Advertisement
UK annual inflation drops to 3.4% in February
UK annual inflation drops to 3.4% in February

Britain's annual inflation rate dropped to 3.4 percent in February from 4.0 percent a month earlier, official data showed Wednesday.

Despite the slightly better-than-expected drop and the lowest inflation since September 2021, the rate remains well above the Bank of England's two-percent target.

Story continues below Advertisement
AFP
first published: Mar 20, 2024 01:10 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!