UK inflation sees further surprise fall to 2.8%

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The UK's inflation rate posted another surprise drop in May, falling to 2.8%, as the lack of activity in the UK continues to bring prices down sharply.

While many economists had expected the Consumer Prices Index (CPI) to hold at 3% in May, after the steep drop in April's reading, the fall in prices shows no sign of letting up as yet. The large...

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