UK inflation rate rises to 10.4% in surprise reversal of recent trend

UK inflation jumps to 10.4%, surprising analysts

Britain’s inflation rate rose for the first time in four months in February, surprising analysts and increasing pressure on the Bank of England to raise interest rates at its meeting on Thursday. The consumer price index jumped to 10.4% in the 12 months through February from 10.1% the previous month,…

U.K. inflation jumps to 10.4%, surprising analysts

The consumer price index jumped to 10.4% in the 12 months through February from 10.1% the previous month, the Office for National Statistics said Wednesday.

Inflation jumps to 10.4 per cent after falling for three months

Inflation has unexpectedly jumped to 10.4 per cent after dropping for three consecutive months, the Office for National Statistics (ONS) has confirmed. It comes after vegetable shortages pushed food prices to their highest rate in more than 45 years. Many economists were expecting CPI to fall to 9.9 per cent in February. Data indicated that rising prices of drinks in pubs and restaurants also drove inflation higher. Chancellor Jeremy Hunt said: …

UK inflation accelerates to 10.4% in February

The Consumer Prices Index (CPI) rose by 10.4 percent in the 12 months to February 2023, up from 10.1 percent in January, the Office for National Statistics said.

UK inflation jumps to 10.4%, surprising analysts

U.K. inflation accelerated for the first time in four months in February as high food and energy prices hit consumers battered by the nation’s cost-of-living crisis. The consumer price index jumped to 10.4% in the 12 months through February from 10.1% the previous month, the Office for Nationa...

British inflation rises to 10.4% and surprises analysts

The consumer price index rose to 10.4 percent in the 12 months to February, compared to 10.1 percent the previous month.