The underlying rate of inflation rose slightly last month to 2.2%, according to official figures. The key index, used by the Bank of England to set interest rates, which excludes mortgage payments, rose from 2.1% in January to 2.2% in February. This is still below the Government’s target rate of 2.5%, however.
The headline rate of inflation in February rose to 2.3%, compared with 2.0% in January, according to figures released by the Office of National Statistics this morning.
The Retail Prices Index was 167.5.
Subscribers can access RPI trends by selecting “Encyclomedia” from the drop-down box at the top of this page.
Media Jobs
Hello. We have downloaded cookies on your device. Some of these cookies are essential for the website to function. Others are non-essential and are used for analytics and advertising.
We need your consent for these types of cookies.
To withdraw your consent or change your cookie choices, please do this through your browser settings.
Otherwise, click OK to accept and continue.
