UK inflation holds at 3% in February, Pippa Crerar notes

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25.03.2026

UK inflation holds at 3% in February, Pippa Crerar notes — UK inflation holds at 3 percent

The UK inflation rate stayed unchanged at 3% in February, according to Pippa Crerar. This figure was posted before global energy costs rose due to the U.S. conflict with Iran under Donald Trump. The timing highlights how external geopolitical events can influence domestic inflationary pressures.

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Pippa Crerar recently reported that U.K. government fiscal headroom is forecast to reach $23.6 billion by 2029/30, up from $21.7 billion, according to official projections here. She also noted a jump in oil prices and a drop in stock markets, which removed prospects for a U.K. interest rate cut in a separate update. These developments have contributed to the backdrop for recent inflation data.

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