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Indonesia News Portal for Traders | Financial & Business Updates

26 March 2025 14:07  |

Breaking News: UK CPI Inflation Cools To 2.8% Yoy In February Vs. 2.9% Expected

The UK (UK) Consumer Price Index (CPI) rose 2.8% year-on-year (YoY) in February, following a 3.0% acceleration in January, data released by the Office for National Statistics (ONS) showed on Wednesday.

Markets were expecting a 2.9% growth in the reported period. The reading remains well above the Bank of England’s (BoE) target of 2%.

Core CPI (excluding volatile food and energy) rose at an annual rate of 3.5% in the same period, compared to a 3.7% surge in January, which was below market expectations of 3.6%. (Newsmaker23)

Source: FXstreet

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