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The Economic Times

Top News / The Economic Times

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UK inflation hits its lowest in nearly a year at 3.0%

Britains annual inflation rate eased in January to its lowest since March last year. However, underlying price pressures stayed strong, a key concern for the Bank of England. Services inflation slowed less than expected. This data comes as the economy shows signs of weak growth and job losses. Markets anticipate interest rate cuts later this year.

18 Feb 2026 2:20 pm