UK inflation continues rapid growth jumping to 2.1% in May

ONS data shows this is the fastest pace in inflation growth in almost two years

Pedro Gonçalves
clock • 4 min read
The pickup reflected higher prices for fuel, clothing and recreational goods.
Image:

The pickup reflected higher prices for fuel, clothing and recreational goods.

British consumer price inflation jumped to 2.1% in May from 1.5% in April, exceeding the Bank of England's (BoE) 2% target for the first time in almost two years.

Figures from the Office for National Statistics (ONS) showed the annual pace of price growth - as measured by the Consumer Prices Index (CPI) - rose 2.1% on the year in May, the fastest pace of growth...

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