UK Latest: Inflation Falls to Slowest Since 2021

UK inflation rose 3.4% in February from a year earlier, slower than the 4% pace the month before, the Office for National Statistics said Wednesday, keeping the Bank of England on track to reduce interest rates later this year. Guy Johnson, Kriti Gupta and Anna Edwards discuss this on Bloomberg Television.

[monkeyboy]

I'm struggling to survive, but I am comforted knowing that billionaire Ritchie Sunak and his privileged government are all keeping toasty warm and eating well.

[ceasarmartinez]

I’m perplexed …puzzled where the numbers in inflation is coming from. I have so many household items I regularly buy such as pool supplies, groceries, restaurants food, plants, my utility bills, car wash, etc, are all doubled in prices compared to pre-Covid or few years ago and our wages is not keeping up with the real prices. Obviously the Wall Street don’t regularly go buy these stuff or they don’t keep track because they have more money than regular folks like me. Inflation is high in my world ….the regular people world not the Wall Street world.

[AH-fmrj]

Prices are high. Lower YoY inflation numbers doesn't mean consumer affordability is back to what it was.

[Van-]

REMEMBER REMEMBER
VOTE KHAN OUT
2ND MAY

[joachimlindback]

How about reporting the money supply 12-24 months ago. Try educating viewers in monetarism.

[jamestoni]

you say its fell but it doesnt feel it's fell.