Mumbai, Feb. 19 -- UK consumer price inflation rose more than expected to a 10-month high in January, data from the Office for National Statistics showed on Thursday.
The consumer price index logged a 3.0 percent rise in January, following December's 2.5 percent increase. This was the fastest growth since March 2024.
On a monthly basis, the CPI edged down 0.1 percent, in contrast to the 0.3 percent increase in December.
Excluding energy, food, alcohol and tobacco, core inflation rose to 3.7 percent, in line with expectations, from 3.2 percent in the previous month.
Consumer prices for goods grew at a faster pace of 1.0 percent after a 0.7 percent rise. Likewise, services inflation rose to 5.0 percent from 4.4 percent.
Another data from...