British inflation eases in February, offers room for interest rate adjustments

Consumer prices rise 3.4% annually, the lowest since September 2021. 

Source: Pexels

Data suggests the Bank of England may have more confidence in rate cuts. 

Source: Pexels

Core inflation, excluding energy and food, slows to 4.5%. 

Source: Pexels

February's inflation data could impact the Bank of England's upcoming decisions.

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Economists and the Bank of England expected a slightly higher inflation rate. 

Source: Pexels