Business Live with Ian King: Inflation falls to 3.4 percent, with food prices the main driver

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Business Live with Ian King: Inflation falls to 3.4 percent, with food prices the main driver

Join Ian King as he tackles the biggest business and economic stories, with reports and interviews live from our studios in the heart of London.

The Office for National Statistics says the Consumer Prices Index measure of inflation stood at 3.4% in February. That’s down from 4% in January and the lowest level since September 2021. It was driven largely by a fall in annual food price inflation – down to 5 percent in February, from 7 percent in January.

Top business stories today:

🔵 Food leads rate of inflation ease to 3.4% in February, official figures show https://trib.al/jQei4c0
🔵 Aldi’s ‘cheapest Christmas dinner’ advert misled shoppers, says watchdog https://trib.al/BAqlEHq
🔵 Major brands deny ‘shrinkflation’ as Heinz says reducing the number of beans in a tin doesn’t count https://trib.al/ST31NWu

Joining us on the show:

🔺 Victoria Clarke, UK Chief Economist at Santander Corporate & Investment Banking
🔺 Laura Foll, Equity Income Fund Manager at Janus Henderson
🔺 Russell Barnes, the CEO of David Lloyd Leisure

Inflation rate eases to 3.4% 👉 https://trib.al/3cf8pgC
Latest business news 👉 https://trib.al/unXvp4J
Money advice blog 👉 https://trib.al/wEeVvFT

#Business #Economy #CostOfLiving #Banking #Stocks #Budget #Wages #Manufacturing #Banking

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Date: March 20, 2024