UK inflation stays steady at 2.8% despite Iran conflict driving up fuel prices
by Heather Stewart Economics editor from World news | The Guardian on (#76C40)
Flatlining figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest rates
UK inflation unexpectedly remained at 2.8% last month despite the Middle East war driving up energy prices, official figures have shown.
May's annual price rise reading recorded by the Office for National Statistics confounded economists' forecasts of a rise to 3%.
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