IoD – Sharp decline in February’s inflation data is a welcome tonic for business
Commenting on data from the Office of National Statistics, which saw the headline rate of CPI inflation fall from 4.0% in January 2024 to 3.4% in February 2024, Dr. Roger Barker, Director of Policy at the Institute of Directors, said: “Although a sharp decline in February’s inflation figures was largely anticipated by business, it is nonetheless reassuring…