Image:
The inflation data comes ahead of the Bank of England's Monetary Policy Committee meeting on Thursday (18 June). Credit: iStock
The UK Consumer Prices Index (CPI) remained steady at 2.8% in the 12 months to May 2026, unchanged from the 12 months to April and below market expectations of 3%.
On a monthly basis, however, CPI rose by 0.2% in May 2026, the same rate as in May 2025. Transport made the largest upward contribution to the CPI annual rate, while food and beverages made the ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
