UK consumer inflation (CPI) decelerated for the third consecutive month in January, after reaching a 41-year high in October last year.
Data from the ONS, as the country’s statistics body is known, show that the annual rate of the British CPI stood at 10.1% in January, losing strength in relation to December’s level of 10.5%.
In October, the annual CPI had reached 11.1%, the highest level since October 1981.
The January result was below the forecast of analysts consulted by the The Wall Street Journalwhich forecast a rate of 10.3%.
On a month-on-month basis, the UK CPI fell 0.6% in January. In this case, the projection in the survey of the WSJ was down 0.3%.
The core of the British CPI, which disregards energy and food prices, fell by 0.9% in January compared to December.
In the annual comparison, the core CPI rose by 5.8% in the last month.
Source: CNN Brasil
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