18/02/2026
The UK inflation rate fell to 3% in the year to January. It's a fall from December's 3.4% rate, but inflation remains above the Bank of England's 2% target.
Prime Minister Keir Starmer says the drop in the UK inflation rate to 3% is a result of the "choices this Labour government has made".
"Lower food and petrol prices are helping ease the pressure on household budgets," he adds. [Source: BBC News]