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Economy Country 2026-02-18T10:23:54+00:00

UK Inflation Falls to Lowest Level in a Year

Official data shows UK inflation fell to 3% in January due to lower fuel prices and a slowdown in food price inflation, marking the lowest rate since last March.

UK Inflation Falls to Lowest Level in a Year

Official data showed a drop in inflation to its lowest level since last March amid falling oil prices and a slowdown in food product price increases. PA Media news agency reported that the Consumer Prices Index fell to 3% in last January compared to 3.4% in December, as announced by the Office for National Statistics. The data showed that fuel, in particular, contributed to the inflation drop, with the price of petrol falling by 3.1 pence (4.2 US cents) per liter between December 2025 and January 2026. The Office for National Statistics stated that the inflation rate for food and non-alcoholic beverages decreased from 4.5% in last December to 3.6% in the past month.

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