🇬🇧 UK Annual Inflation Holds at 3.4% in May, In Line with Expectations
The UK’s annual inflation rate came in at 3.4% in May, matching market expectations.
Core inflation — which excludes volatile items like energy and food — stood at 3.5%.
The Bank of England is set to announce its interest rate decision this Thursday, with markets closely watching for signs of a potential policy shift amid persistent inflation pressures.
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