The UK’s Consumer Price Index (CPI), which measures inflation, held steady in February, according to data released by the Office for National Statistics (ONS) on Wednesday morning, March 25. This figure was unchanged from January’s reading of 3.0% year-on-year, matching market expectations and marking the slowest rate of growth since March 2025.

On a monthly basis, the CPI rose by 0.4% in February, the same as in February 2025.

The core CPI, which excludes food, energy, alcohol, and tobacco, rose to 3.2% in February from 3.1% in January (compared to expectations of 3.1%).

The biggest impact on the index came from higher clothing and footwear prices, which rose by 0.9% in February after remaining stable in January. Food and non-alcoholic beverage prices also increased by 3.3% in February, up from 3.6%, while transport prices rose by 2.4%, up from 2.7% in January.