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Article The Guardian World News

UK inflation in surprise hold at 2.8% as slowing food prices offset transport costs

Bullish 54.9
−100 Bearish 0 +100 Bullish
UK inflation in surprise hold at 2.8% as slowing food prices offset transport costs

Flatlining figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest ratesUK inflation unexpectedly remained at 2.8% last month as higher transport and fuel costs were offset by slower food price rises, official figures have shown.May’s annual price rise reading recorded by the Office for National Statistics came despite the feared impact of the Middle East conflict on energy prices and confounded economists’ forecasts of a rise to 3%. Continue reading...

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Article Info
Source The Guardian World News
Published Jun 17, 2026 · 6:00 am
Article ID 0ic3dq4
Original URL Open source
Sentiment Signal
Bullish 54.9
−100Neutral+100
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