UK Inflation held steady at 3% this morning to keep in line with projections, although it is expected that inflation will start to climb upwards again as this reading for February was taken before the beginning of the Middle Eastern conflict.
This was reflected in the fact that although clothing prices increased compared to this exact time a year ago, there was a fall in petrol prices.
A backdrop of inflation rising in the coming months is the prospect of interest rates being increased by the Bank of England as it looks less likely that inflation falls to the desired 2% mark anytime soon.
CLICK HERE to read more.
