
The ONS attributed the unchanged inflation rates to rising prices for air travel, recreational and cultural goods and services and second-hand cars
UK inflation remained stagnant in May at 8.7%, coming in higher than the 8.4% expected by economists.
The Office for National Statistics (ONS) reported that core inflation, which excludes energy, food, alcohol and tobacco, rose by 7.1% in May, up from 6.8% in April and the highest rate since March ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders