UK consumer prices registered a stable growth and input prices rebounded in February, data published by the Office for National Statistics showed Wednesday.
Consumer price inflation remained unchanged at 3.0 percent in February, as expected.
On a monthly basis, consumer prices moved up 0.4 percent, partially offsetting the January's 0.5 percent decrease. Monthly inflation matched expectations. Core inflation that excludes prices of energy, food, alcohol and tobacco rose to 3.2 percent from 3.1 percent in the prior month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.