business
Inflation remains at 2.8%, slightly lower than expected
Key takeaways
- Emer Moreau Business reporter Getty Images Inflation remained at 2.8% in the year to May according to new figures.
- Inflation had slowed to its lowest level for more than a year in April because of a decline in household energy prices for the month.
- Over the year to May, transport costs rose by the fastest rate, the Office for National Statistics (ONS) said, while the rate of price increases in food and non-alcoholic beverages slowed.
Emer Moreau Business reporter Getty Images Inflation remained at 2.8% in the year to May according to new figures.
Inflation had slowed to its lowest level for more than a year in April because of a decline in household energy prices for the month.
Over the year to May, transport costs rose by the fastest rate, the Office for National Statistics (ONS) said, while the rate of price increases in food and non-alcoholic beverages slowed.
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