India, March 26 -- UK inflation softened unexpectedly in February on lower clothing costs, data from the Office for National Statistics showed on Wednesday.
The consumer price index logged an annual increase of 2.8 percent in February, following January's 3.0 percent rise. Prices were forecast to climb again by 3.0 percent.
Core inflation that excludes prices of energy, food, alcohol and tobacco, was 3.5 percent, down from 3.7 percent in January. The rate was below economists' forecast of 3.6 percent.
The largest downward contribution to annual inflation came from clothing and housing and household services.
On a monthly basis, consumer prices moved up 0.4 percent, in contrast to the 0.1 percent fall in January. Economists had forecast ...