FILE PHOTO: People are seen at the fruit and vegetable aisle in Sainsbury’s supermarket as the coronavirus disease (COVID-19) outbreak continues, in Fulham, London, Britain March 18, 2020. REUTERS/Kevin Coombs
March 25, 2020
LONDON (Reuters) – British consumer price inflation fell to an annual rate of 1.7% in February from 1.8% in January, official figures showed on Wednesday, in line with forecasts in a Reuters poll.
Lower fuel prices and a fall in the cost of video games were the main driver for the fall in CPI, the Office for National Statistics said.
Retail price inflation, an older, less accurate measure still used for inflation-linked government bonds and some commercial contracts, fell to 2.5% from 2.7% in January.
(Reporting by David Milliken; editing by Michael Holden)
