
UK Inflation Holds Steady at 2.8% as Food Price Rises Slow
The UK's inflation rate remained unchanged at 2.8%, slightly lower than expected, primarily due to the slowest rise in food prices in nearly a year and a half. This stability in inflation was reported by the Office for National Statistics.
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Slowest food price rises in nearly a year and a half help keep UK inflation at 2.8%
Higher petrol prices were offset by slower price rises for meat, dairy and vegetables, according to the ONS.
Read full article →Inflation holds steady at 2.8% as food price rises ease
The rate of inflation was lower than expected by economists, who had predicted an uptick in inflation to 3%.
By Henry Saker-Clark
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