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UK: Annual CPI rises 2.8% in February, as expected

According to data released today by National Statistics, UK annual inflation rose 2.8% in February, following 2.7% growth registered the previous month. This result is in line with analysts' forecasts. On a monthly basis UK CPI climbed 0.7% in February, after falling 0.5% in January, as expected.
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UK: Annual PPI – Output rises 2.3% in February

In the year to February 2013 UK PPI – Output n.s.a. grew 2.3% , in comparison with an increase of 2.1% the previous month, National Statistics reported today. Analysts expected less growth of 1.8%.
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