Off the wire
88 Chinese universities included in QS World University Rankings by Subject  • Spanish stock market falls 0.32 pct after Brussels attacks  • China, Zambia agree to enhance cooperation  • Urgent: U.S. stocks end mixed after Brussels attacks  • Roundup: UN trumpets "better water, better jobs" on World Water Day  • Feature: Namibian woman from "not a cent" to her own business  • Roundup: Italian leaders call for EU common strategy to beat terrorist threat  • Feature: Russian air campaign restores security to residents in Latakia  • Feature: Egypt's botanic garden more colorful as 130 exhibitors contest in annual flora fair  • U.S. academic's public health work earns Stockholm Water Prize  
You are here:   Home

British CPI rises by 0.3 percent in Feb.

Xinhua, March 23, 2016 Adjust font size:

British inflation rate as measured by the Consumer Prices Index (CPI) rose by 0.3 percent in February, unchanged from January 2016, the Office for National Statistics (ONS) said Tuesday.

According to ONS, the largest downward contribution came from the transport sector, from price changes for items such as road passenger transport, second-hand cars and bicycles. Meanwhile, rising food prices, particularly for vegetables, offset the downward.

Annual inflation has been below the Bank of England's 2 percent target for two years, and last year it was zero.

The bank estimated last month that it expected inflation to stay below 1 percent this year. Endit