UK Inflation remains steady as food price rises ease | BBC News

0 Views
Published
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 National 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".

Subscribe to our channel here: https://bbc.in/bbcnews

For the latest news download the BBC News app or visit BBC.com/news
#Inflation #UK #BBCNews
Category
Breaking World News
Tags
bbc, bbc news, news