UK Inflation Flat at 2.8% in May as Food Price Slowdown Offsets Airfare Pressure, ONS Reports  | Meyka

UK Inflation stays steady at 2.8% in May as falling food prices offset rising airfare costs, according to ONS. Latest data shows mixed price pressures keeping inflation above the 2% target.

Holly Ellyatt reports UK inflation unexpectedly dropped to 2.8% in April, a temporary reprieve for consumers. While energy price caps and lower food costs offered relief, looming higher energy prices from the Iran war could push inflation above 4% soon. The Bank of England faces a tough balancing act. Read more: https://www.cnbc.com/2026/05/20/uk-april-inflation-cpi-energy-prices.html #UKInflation #Economy #BankOfEngland
UK inflation unexpectedly surged to 3.4% in December, defying forecasts! Holly Ellyatt reports this rise, driven by tobacco and airfare, casts doubt on a near-term Bank of England rate cut. Read Holly Ellyatt's full analysis to understand the economic implications.
https://www.cnbc.com/2026/01/21/uk-inflation-december-2025-uk-prices.html #UKInflation #Economy #BankofEngland

Fitch Ratings expects UK headline inflation to converge towards eurozone levels, ending the unusual divergence that has prevailed between the two this year.

https://dmarketforces.com/uk-eurozone-inflation-gap-to-narrow-in-2026-fitch/

#UKinflation

UK-Eurozone Inflation Gap To Narrow In 2026 – Fitch

Fitch Ratings expects UK headline inflation to converge towards eurozone levels, ending the unusual divergence that has prevailed between the two this year.

MarketForces Africa
đŸ”„ OECD alert: UK's inflation exploding to 3.5% in 2025 - G7's worst! 
-> Food prices fueling the blaze, growth limping at 1.4%. 
-> Reeves' Budget BBQ just got scorched. 
-> Will taxes rise or dreams die? 
#UKInflation #EconomyCrisis #RachelReeves #G7 

OECD warns UK faces highest inflation in G7 for 2025 despite Trump tariffs

The Organisation for Economic Co-operation and Development (OECD) has forecast that the UK will experience the highest inflation among the G7 nations in 2025. The projected inflation rate of 3.5% surpasses the US rate of 2.7%, even though the US has imposed significant tariffs under former President... [More info]

Bank of England Holds Rates Amid Inflation Risks

The Bank of England holds interest rates at 4 percent amid high inflation and global economic uncertainty.

https://www.olamnews.com/economy/1931/international-economy-boe-holds-rates/

🏩 #BankofEngland's Bailey blasts Reeves' NI & min wage boosts for fueling 5.1% food inflation & stalling rate cuts - rates stuck at 4%!
-> Employers agree: not out of the woods yet!

#UKInflation #EconomyCrisis #ReevesVsBailey #CostOfLivingCrisis

*** UK grocery prices are soaring! ***
-> Food & drink costs up 4.9% this year, with coffee, beef, and juice hit hardest. 
-> Over 5 years, prices have jumped 37%!

#CostOfLivingCrisis #UKInflation #FoodPrices

@davidnjoku

See also: "CPI [consumer price index] annual inflation rate highest since January 2024"

https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/latest

#UK #UKInflation