UK annual inflation was unchanged in March, official data showed today, easing the pressure on the Bank of England to hike rates amid ongoing uncertainty over Brexit.
The Consumer Prices Index, which measures the cost of a basket of goods, stood at 1.9% last month, the Office for National Statistics said in a statement.
That matched February but undershot market expectations of 2%, the Bank of England's target rate.
Higher motor fuel prices were offset by the falling cost of food and computer games last month.
Economist said today's figures make the Bank of England's job somewhat easier, as there is no pressure to raise rates as it grapples with continued uncertainty over Brexit.
UK inflation had hit a two-year low of 1.8% in January – also the first time since 2017 that the rate had fallen beneath the Bank of England's target level.