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Economics9d 1h ago

UK inflation unexpectedly flatlined last month as a slowdown in food price rises offset pressure from airfares.

UK

Who
Office for National Statistics (ONS), Grant Fitzner, economists
What
UK inflation unexpectedly flatlined last month as a slowdown in food price rises offset pressure from airfares.
When
Wed, 17 Jun 2026 06:25:02 GMT · 9d 1h ago
Where
UK ·
Why
A slowdown in food price rises and a decrease in domestic heating oil costs offset upward movements from transport, airfares, vehicle taxes, and petrol prices.
The Frontline Impact

How this affects you

Despite expectations of a rise due to potential economic ripple effects from the 'Iran war effect,' the UK's Consumer Prices Index (CPI) inflation remained at 2.8% in May. This could influence central bank decisions regarding interest rates.

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