UK Inflation remains steady as food price rises ease
UK Inflation remained at 2.8% in the year to May as the pace of food price rises slowed to a 17-month low, official figures show
UK Inflation remained at 2.8% in the year to May as the pace of food price rises slowed to a 17-month low, official figures show, but is still above the Bank of England's 2% target.
Transport costs rose by the fastest rate, the Office for Statistics (ONS) says, while the rate of price increases in meat, dairy and vegetables eased.
UK Chancellor Rachel Reeves welcomed the news, saying the government has "got the right economic plan". For the latest news download the BBC News app
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