U.K inflation rate falls, rate rise still on track

13 February 2018

 

Central bankers wanted higher inflation rates and, in the U.K, they now have it. However, the latest batch of consumer inflation figures out of the U.K reflects a pause in what has been a rapid increase in British inflation. Figures released by the Office of National Statistics indicate the headline consumer price index (CPI) fell back by 0.5% in January but still grew by 3.0% over the last 12 months....

read full story