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UK inflation remains high amid rising food and chocolate prices

1 min read
Source: CNBC
UK inflation remains high amid rising food and chocolate prices
Photo: CNBC
TL;DR

UK's inflation rate remained steady at 3.4% in May, supporting the case for the Bank of England to hold interest rates steady in the near term, amid mixed signals from recent data and global geopolitical tensions affecting oil prices.

Topics:top-newseconomy#bank-of-england#economic-outlook#economy#inflation-data#interest-rates#uk-inflation
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  1. UK inflation lingers at 3.4% in May, bolstering case for interest rate hold  CNBC
  2. UK inflation: Chocolate price rises hit record as food costs grow  BBC
  3. UK inflation eases by less than anticipated ahead of Bank of England rate decision  The Hill
  4. Inflation error fuels concern about UK economic data  Financial Times
  5. UK inflation latest: Food prices surge after Reeves tax raid  The Telegraph

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