Mumbai, March 20 -- UK's Consumer Prices Index (CPI) rose by 3.4% in the 12 months to February 2024, down from 4.0% in January, data from the Office for National Statistics showed.

On a monthly basis, CPI rose by 0.6% in February 2024, compared with a rise of 1.1% in February 2023.

The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.8% in the 12 months to February 2024, down from 4.2% in January. On a monthly basis, CPIH rose by 0.6% in February 2024, compared with a rise of 1.0% in February 2023.

Core CPI (excluding energy, food, alcohol and tobacco) rose by 4.5% in the 12 months to February 2024, down from 5.1% in January.

The largest downward contributions to the monthly change in both CPIH and CPI ann...