February cost of food,non-alcoholic drinks, games, and toys increased at lower rate than in JanuaryCoronavirus – latest updatesSee all our coronavirus coverageUK inflation dropped in February to 0.4% as the third coronavirus lockdown brought with it a wave of discounting by clothing retailers and secondhand car dealers,according to official figures.
The cost of food, non-alcoholic drinks, and games,toys and hobbies also increased in price at a lower rate than in January, pulling down the consumer prices index to a level far below a poll of City economists, and who expected inflation to rise marginally from 0.7% last month to 0.8%. Related: UK inflation slows to 0.4%; third Covid-19 wave fears weigh on markets – commerce live Continue reading...
Source: theguardian.com