Details of the February 2015 UK inflation data report 24 March 2015
- Prior +0.3%
- +0.3% vs +0.3% exp m/m. Prior -0.9%
- Core 1.2% vs 1.3% exp y/y. Prior 1.4%
- RPI 0.5% vs 0.5% exp m/m. Prior -0.8%
- 1.0% vs 1.0% exp y/y. Prior 1.1%
- RPI ex-int 0.5% vs 0.5% exp m/m. Prior -0.9%
- 1.0% vs 1.0% exp y/y. Prior 1.2%
- Jan HPI 8.4% vs 8.9% exp y/y. Prior 9.8%
No dipping into the negative just yet for the UK, though it's the first time on record we've hit zero in inflation
The ONS say food, furniture, laptops and computer equipment were the main culprits for lower prices
Retail prices hit the lowest since 2009
By and large prices were flat to small up on the month
GBP/USD dipped to 1.1918 but is back trading at 1.4933
