U.K. Inflation Resumes Its Rise, Defying Expectations

Price increases in February picked up to 10.4%; cost of food rose at the fastest pace since records began

Shoppers at a market in London on Saturday. Photo: Jose Sarmento Matos/Bloomberg News

LONDON—Britain’s inflation is proving stubbornly high.

Price increases in February picked up to 10.4% from 10.1% in January as the cost of food rose at the fastest pace since records began in 1989. That left the U.K. with the highest rate of inflation among the Group of Seven wealthy democracies. 

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