'Picture remains bleak' despite inflation fall to 2.7% in February

Seven-month low

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UK inflation rates, announced for February
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UK inflation rates, announced for February

UK inflation fell to 2.7% in February 2018 from 3% a month earlier, the Office for National Statistics (ONS) has confirmed - a larger decline than analysts expected.

The 12-month rate is at its lowest since March 2017, after remaining at 3% in December and January, as the post-referendum fall in sterling continues to drop out of the figures. Inflation numbers put...

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