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In May, inflation in the UK amounted to 3.4 percent, indicating that the resistant pressure on prices does not retreat yet when the Bank of England occurs this week to set interest rates.
Reading on Wednesday at the National Statistics Office corresponded to the predictions in the survey of Reuters analysts and noted a decrease of 3.5 % April.
Since then, in April, inflation has been overstated in April about 0.1 percentage points with a mistake in the car. In May, they read the correct numbers. According to ONS, fuel and fuel and fuel are reduced.
A inflation The picture comes the day before the Boe policy meeting, which is expected to retain its key rate unchanged.
The Committee on Monetary Policy has reduced interest rates four times since last summer as it is struggling with unsuccessful rise and constant pressure on prices.
Last month, the IPC reduced the cost of borrowing by a quarter of points to 4.25 percent, but a minute from the meeting found sharp divisions among nine politicians over the threat of inflation.
Ruth Gregory of the Capital Economics said: “The May figures were in line with the bank’s expectations, so today’s issue is unlikely to move the needle for the bank.”
Traders are waiting
After the numbers, the pound increased by 0.3 percent to $ 1.346.
According to ONS, in April, in April.
Responding to May’s data, Chancellor Rachel Reivz said: “We have accepted the necessary choice to stabilize state finance and obtain inflation under the control of the two -digit increase we saw under the previous government, but we know what we need to do.”
