FXstreet.com (Barcelona) - Gas and electricity prices have fuelled consumer inflation in the United Kingdom in February at a pace somewhat faster than in January, according to the latest figures by National Statistics.
Consumer prices have risen 2.5% in February from the same month in the previous year, from a 2.2% increase in January. The largest contributors have been the increases on gas and electricity, excluding food and energy prices, consumer prices have risen 1.2% on the year.
On the month, CPI has risen 0.7% reversing the 0.7% decrease posted on the previous month. The core CPI increased 0.3% on the month.
Retail prices index have increased 4.1% on the year in February, the same amount was posted on the previous month.