24 Mar 2015
UK February CPI unchanged at annualized rate of 0.0%
FXStreet (Mumbai) - As per the data released by the UK Office for National Statistics (ONS) showed today that the consumer prices were unchanged, i.e. at 0.0% in the year to February 2015, down from 0.3% in January. The actual figure missed the expectation of 0.1%.
The main contributions to the slowdown in the rate came from price movements for a range of recreational goods (particularly data processing equipment, books and games, toys & hobbies), food and furniture & furnishings.
Month-on-month the CPI rebounded as expected, to 0.3% from the 0.9% fall seen in January. The core inflation also slowed down to 1.2% year-on-year, from 1.4% in January.
The main contributions to the slowdown in the rate came from price movements for a range of recreational goods (particularly data processing equipment, books and games, toys & hobbies), food and furniture & furnishings.
Month-on-month the CPI rebounded as expected, to 0.3% from the 0.9% fall seen in January. The core inflation also slowed down to 1.2% year-on-year, from 1.4% in January.