The UK Consumer Price Index fell to 2.6% year-on-year in March, down two percentage points from February’s 2.8% figure.
According to the Office for National Statistics today (16 April), the annual CPI including owner occupiers' housing costs (CPIH) figure was also down from 3.7% in February to 3.4% in March. US inflation falls to 2.4% in March Recreation and culture, and motor fuels contributed the most to the fall in CPI and CPIH figures. Recreation and culture prices decreased from 3.4% on an annual basis in February to 2.4% in March, with ONS adding this matched the "lowest observed" rate since October 2021. The average price of petrol declined by 1.6p per litre between February and March 2025...
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