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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 ...
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