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Economists had expected a reading of 2.7%.
The 0.2% better reading goes against the anticipated rhetoric.
Hotel and tobacco prices have been cited as the reason for the downtick.
This will take some of the pressure off the UK Chancellor, Rachel Reeves, who has been under fire in recent days.
There was immediate volatility in Pound rates, but this has subsequently calmed down.
Eyes will now turn to the US where their inflation report comes out after lunch.
Analysts are expecting annualised growth of 2.9%.
These inflation readings are precursors to the upcoming interest rate decisions.
After that report it's into Thursday for the next scheduled news.
Australian unemployment is followed by the monthly GDP reading in the UK at breakfast time.
Monthly growth of 0.2% is expected for the latter.
US: 13:30 Inflation Report
AUS: Thursday 00:30 Unemployment Rate
UK: Thursday 07:00 Monthly GDP
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