UK inflation in surprise fall, soothing market fears

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

LONDON: Britain's annual inflation rate unexpectedly fell in February as coronavirus curbs sparked heavy discounting for clothing and footwear, offici...

Pedestrian walking past closed shops on a quiet Oxford Street in central London on Wednesday. Britain’s annual inflation rate fell in February as coronavirus curbs sparked heavy discounting for clothing and footwear. – AFPPIXBritain's annual inflation rate unexpectedly fell in February as coronavirus curbs sparked heavy discounting for clothing and footwear, official data showed on Wednesday, soothing market concerns over inflationary pressures.

In the UK, clothing and footwear saw the sharpest price falls in more than a decade, down 5.6% in the year to February.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in US

United States United States Latest News, United States United States Headlines