The UK consumer price index (CPI) rose 6.2% in February from the same month a year ago, accelerating significantly from the 5.5% annual gain seen in January, according to published data. this Wednesday (23) by the National Statistics Office (ONS).
The February result, the highest since 1992, surpassed the expectations of analysts consulted by the The Wall Street Journalwhich forecast an increase of 6%, and further pushed British inflation away from the Bank of England’s (BoE) target, which is a rate of 2%.
Compared to January, the UK CPI rose 0.8% in February.
In this case, the projection was for an increase of 0.6%.
The CPI core, which excludes volatile items such as food and energy, rose 0.8% in February from a month earlier and 5.2% year-on-year.
Source: CNN Brasil
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