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The Independent UK
The Independent UK
Business
Anna Wise

UK inflation unexpectedly falls to 2.8% in boost for Reeves

Inflation Office for National Statistics Rachel Reeves United Kingdom
UK inflation eased by more than expected last month, new official figures show (Joe Giddens/PA) - (PA Wire)

UK inflation eased by more than expected last month, new official figures show, delivering a boost to Chancellor Rachel Reeves ahead of her spring statement.

The rate of Consumer Prices Index (CPI) inflation fell to 2.8% in February from 3% in January, the Office for National Statistics (ONS) said.

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