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.

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.

UK CPI inflation held steady at 2.8% in May, below economist forecasts of 3%, easing concerns and boosting rate cut expectations from the Bank of England.

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…

The Office for National Statistics has revealed the latest figures