UK inflation fell to 3.4% in February, the lowest level for two and a half years

CPI

Food and beverages

23 Sep 2022 Liz Truss mini-budget

20

23 Feb 2022 Russia invades Ukraine

15

10

2% government

target

5

0

-5

2014

2016

2018

2020

2022

2024

CPI

Food and beverages

23 Sep 2022 Liz Truss mini-budget

20

23 Feb 2022 Russia invades Ukraine

15

10

5

5.0%

3.4%

2% government target

0

-5

2014

2016

2018

2020

2022

2024