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Economics9d 1h ago
The Consumer Prices Index (CPI) inflation was recorded at 2.8% in May, the same rate as in April.
UK
Who
Office for National Statistics (ONS), Grant Fitzner, Rachel Reeves, economists
What
The Consumer Prices Index (CPI) inflation was recorded at 2.8% in May, the same rate as in April.
When
Wed, 17 Jun 2026 06:24:56 GMT · 9d 1h ago
Where
UK ·
Why
Inflation held steady in May as various price movements, such as upward movement from transport costs and downward movement from food prices and domestic heating oil, offset each other.
The Frontline Impact
How this affects you
The UK's inflation rate remaining steady at 2.8% in May, contrary to economists' predictions, indicates a more stable economic environment than anticipated, driven by offsetting price movements in key sectors.
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