Business · 18 February 2026
UK Inflation Falls to 3% in January
Inflation in the UK dropped to 3% during January, according to the ONS. The decrease from December was attributed to fuel and food costs, plus airfares. The Bank of England is now more likely to cut interest rates at the March meeting. The rate had been at its lowest since March of last year.
Reported by BBC · How we write briefs
