UK inflation to average 3.2% in 2025, OBR forecasts

LONDON (Reuters) - British inflation is set to average 3.2% in 2025, according to forecasts from the Office for Budget Responsibility published on Wednesday.

In October, at the time of British finance minister Rachel Reeves's first budget, the OBR said it expected inflation of 2.6% this year.

Official data published earlier on Wednesday showed consumer price inflation eased to an annual 2.8% in February.

(Reporting by David Milliken and Sachin Ravikumar, writing by Sam Tabahriti; Editing by Kate Holton)