π° News Alert...
π Title: UK Inflation Falls to 3% in January, Boosting Prospects of Interest Rate Cut
ποΈ Published: 2026-02-18T14:00:00.000Z
π Summary: UK inflation has declined to 3% in January, driven by lower petrol prices, cheaper airfares, and a slowdown in food inflation. This easing has increased the likelihood of a quarter-point interest rate cut next month, now favored at an 81.5% probability by money markets. The drop offers relief to consumers, while core and services inflation continue downward trends. However, food inflation remains a concern as fresh produce prices persistently rise. Meanwhile, falling raw material costs and slower factory goods price increases support this positive inflation development.
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ποΈ Source: Graeme Wearden
π #InflationUpdate #InterestRates #UKEconomy

the Guardian
March cut to UK interest rates more likely after inflation drops to 10-month low; London house prices fall β business live
FTSE 100 hits record high after UK inflation falls to 3% in January, thanks to cheaper petrol and air fares, and a slowdown in food inflation










