{"id":346784,"date":"2026-03-25T09:14:18","date_gmt":"2026-03-25T09:14:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/346784\/"},"modified":"2026-03-25T09:14:18","modified_gmt":"2026-03-25T09:14:18","slug":"uk-inflation-rate-stays-at-3-in-year-to-february-live-updates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/346784\/","title":{"rendered":"UK inflation rate stays at 3% in year to February &#8211; live updates"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/static.files.bbci.co.uk\/core\/website\/assets\/static\/news\/incident-types\/light-mode\/analysis.77b314ef10.svg\" alt=\"Analysis\" height=\"2.5rem\" width=\"9.8125rem\" draggable=\"false\" class=\"ssrcss-h608ny-ContributorImageComponent e2hr5uu0\"\/>Iran war is expected to keep inflation above target going forwardpublished at 06:32 GMT<\/p>\n<p>06:32 GMT<\/p>\n<p class=\"ssrcss-1l98ssq-Contributor etflsgg2\"><img decoding=\"async\" alt=\"\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/10\/54ee2260-b13b-4764-8ffe-9da5e4b57d8a.jpg.webp.webp\" width=\"64\" height=\"64\" class=\"ssrcss-egie1y-Image edrdn950\"\/>Dharshini David<br \/>Deputy economics editor<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Today&#8217;s inflation figures were collected before the war in Iran began. But they&#8217;ll be a reminder that price pressures were lingering then. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Inflation overall is expected to have remained around 3% in February, as services such as restaurant meals saw more persistent rises.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">And the figures we get in the next few months are likely to show a hoped-for drop in inflation to the 2% target has been derailed. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The rise in petrol, diesel and heating oil will nudge up the rate, and any rise in home energy bills will add to that, come the summer. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Those items actually make up a small proportion of the basket of goods and services we buy that official statisticians use to calculate inflation. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But higher energy costs may also impact the prices of other items, such as food.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">At present, economists reckon inflation could end the year around 3.5% &#8211; unwelcome, but not near the levels we saw at the start of the war in Ukraine. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But much, in such a volatile environment, could change &#8211; in either direction.<\/p>\n<p><img decoding=\"async\" alt=\"A chart showing inflation going back to 2020. It rises well above the Bank's target, before dropping just below it in 2024. In Jan 26 it was 3%\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/03\/ee4bd072-c05a-4811-8835-1d5a6705f86a.png.webp.webp\"  width=\"976\" height=\"976\" class=\"ssrcss-egie1y-Image edrdn950\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Iran war is expected to keep inflation above target going forwardpublished at 06:32 GMT 06:32 GMT Dharshini DavidDeputy&hellip;\n","protected":false},"author":2,"featured_media":346785,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-346784","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/346784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=346784"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/346784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/346785"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=346784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=346784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=346784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}