James Smith: UK CPI inflation remains steady at 3 percent for February

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25.03.2026

James Smith: UK CPI inflation remains steady at 3 percent for February — UK inflation holds at 3 percent

UK consumer price index (CPI) inflation stayed at 3.0 percent in February, according to data released this morning. James Smith highlighted that while the headline number remained unchanged, the focus should be on the direction inflation is heading and how this impacts cost of living pressures in the coming months.

Smith plans a more detailed thread to analyze what the latest data reveals about future inflation trends and the evolving situation for households.

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Smith previously reported on new ONS Household Cost Indices data showing that inflation rates have been converging as housing cost differences narrow. He has also highlighted a Bank of England event featuring Deputy Governor Sarah Breeden, scheduled for Thursday, encouraging sign-ups for the discussion. These updates complement his continuing analysis of UK inflation and household costs.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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