The annual inflation in the U.K. held steady at 2.8% in May despite higher petrol prices due to the U.S.-Iran war, as they were offset by lower food costs,...

UK May 2026 CPI inflation is forecast to rise to 3.0% from April's 2.8%, with energy prices and geopolitical tensions driving the reversal ahead of the Bank

The rate of Consumer Price Index (CPI) inflation was 2.8 per cent in May, unchanged from April, the Office for National Statistics (ONS) said today.

British inflation held steady at 2.8% in May. This figure matches April's 13-month low. The Bank of England is set to announce its next interest rate decision tomorrow. Economists…