The latest rate, which covers the year to January, is a drop from the previous 3.4% - but it remains above the Bank of England's 2% target.

Economists have raised their forecasts for UK inflation following the surge in energy prices caused by the war in Iran, complicating the Bank of England’s decision on interest r ...

The MPC had been expected to cut UK interest rates, but the conflict in the Middle East complicates the picture ...

FTSE 100 hits record high after UK inflation falls to 3% in January, thanks to cheaper petrol and air fares, and a slowdown in food inflation ...

ECB says Middle East war could cause higher inflationary pressure and warns of potential ‘sharp drop in output’ ...

March 3 (Reuters) - Britain's main stock indexes logged their biggest daily drop in almost a year on Tuesday, as investors dialled down their expectations for interest rate cuts as a jump in energy ...

Houmous and motorhomes are also added to the basket of goods and services used to chart the rising cost of living.

The ONS has updated the basket of goods it monitors to help work out inflation.

Several investigations have found the price of booze-free beer is rising faster than that of its alcoholic counterpart ...