UK inflation falls to 3.4% in May but upside pressures persist

CPI stood at 3.4% in May, down 0.1 percentage points from April’s figures

Sorin Dojan
clock • 2 min read
UK inflation falls to 3.4% in May but upside pressures persist

The UK annual Consumer Prices Index (CPI) stood at 3.4% in May, down 0.1 percentage points from April’s figures.

According to data from the Office for National Statistics today (18 June), on a monthly basis CPI rose by 0.2% while core CPI – excluding energy, food, alcohol and tobacco – went up by 3.5% in the ...

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