UK consumer price inflation accelerated at the fastest pace since 1992 in February, largely driven by fuel prices, the Office for National Statistics said on Wednesday. Consumer price inflation rose to 6.2 percent in February from 5.5 percent in January. The rate was forecast to rise moderately to 5.9 percent.
This was the highest inflation rate in the National Statistic series which began in January 1997, and the highest rate in the historic modeled series since March 1992, when it stood at 7.1 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.