Consumer prices in the United Kingdom stood at 4 percent in January, unchanged from December and defying expectations of a renewed pick-up, data released by the Office for National Statistics showed Wednesday.
Analysts polled by Reuters ahead of the release had projected inflation to accelerate to 4.2 percent at the start of the year.
Core prices, which exclude volatile components of energy, food, alcohol and tobacco and are considered as a gauge for future inflation trends, rose by 5.1 percent, also unchanged from December.
