The latest rate, which covers the year to January, is a drop from the previous 3.4% - but it remains above the Bank of England's 2% target.
The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.
A slowdown last month in the rising cost of energy, air travel and hotels helped offset a jump in inflation for petrol, kitchen appliances and a range of groceries, meaning the UK’s overall rate eased ...
Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse, the Reserve Bank of Australia (RBA) predicts it will linger for longer ...
A steep jump in the cost of air travel, cigarettes and live entertainment helped push up the UK’s overall inflation rate last month, despite price rises slowing for everyday groceries such as butter ...
The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm ...
Learn the impact of nominal, real, and effective interest rates on investors and borrowers, including inflation's role and the cost of compounding.
Inflation is set to ease in 2026 as cooling shelter costs, softer demand and base effects push headline CPI lower than official data currently shows.
Swiss inflation edged up in the final month of 2025, likely alleviating the pressure on the country’s central bank to cut rates below zero. Annual consumer-price inflation climbed to 0.1% in December ...
The Central Bank of Nigeria’s Monetary Policy Committee voted to cut the benchmark Monetary Policy Rate by 50 basis points ...
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