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UK inflation falls to near one-year low of 3% thanks to cheaper petrol, air fares and food – business live

https://www.theguardian.com/business/live/2026/feb/18/uk-inflation-fall-cost-of-living-interest-rates-house-prices-rents-news-updateshttps://www.cnbc.com/2026/02/18/uk-inflation-cools-jan-2026-boe-cut.htmlhttps://www.thetimes.com/business/economics/article/inflation-rate-uk-news-ons-january-dz67pl5rh
Theguardian.com and 4 more
UK inflation falls to near one-year low of 3% thanks to cheaper petrol, air fares and food – business live Open in Theguardian.com
Highlights
  • Markets expect the Bank of England to ease sooner as inflation cools and price dynamics improve.
  • Public price relief across food and transport sectors could cushion households as inflation heads lower.
  • The January figure shows cooling price pressures across key consumer categories, signaling a softer inflation backdrop.

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References

UK inflation cools markedly in January, boosting odds of Bank of England rate cut

UK inflation cools markedly in January, boosting odds of Bank of England rate cut

UK inflation rate falls to 3% in January

UK inflation rate falls to 3% in January

Cooling UK inflation fuels expectations of March interest rate cut

Cooling UK inflation fuels expectations of March interest rate cut

Inflation falls to its lowest level in almost a year

Inflation falls to its lowest level in almost a year

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