UK annual inflation rate drops to 3.0 percent in January
British inflation slowed to 3.0% in January, matching forecasts. Markets now expect the Bank of England to cut interest rates during its meeting next month.
Annual consumer price inflation in the United Kingdom 
GB fell to 3.0% in January from 3.4% in December, according to data released today by the Office for National Statistics (ONS). This announced January CPI release matches the Reuters poll median forecast and is close to the Bank of England's projection, marking a slowdown in price pressures as the year began.
GB fell to 3.0% in January from 3.4% in December, according to data released today by the Office for National Statistics (ONS). This announced January CPI release matches the Reuters poll median forecast and is close to the Bank of England's projection, marking a slowdown in price pressures as the year began.
