{"id":31178,"date":"2025-06-18T06:12:50","date_gmt":"2025-06-18T06:12:50","guid":{"rendered":"https:\/\/financialrush.com\/?p=31178"},"modified":"2025-06-18T06:12:50","modified_gmt":"2025-06-18T06:12:50","slug":"uk-inflation-fell-to-3-4-in-may","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=31178","title":{"rendered":"UK inflation fell to 3.4% in May"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>Stay informed with free updates<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\"><span>Simply sign up to the <!-- -->UK inflation<!-- --> myFT Digest &#8212; delivered directly to your inbox.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=fa5f516f-f779-44fa-9a81-efbff5bfde38&amp;concept-id=77b28b2b-7a5c-4103-a86f-9af8ba039296\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>UK inflation fell to 3.4 per cent in May, in line with expectations, as the Bank of England seeks evidence that recent price rises are under control.<\/p>\n<p>The reading from the Office for National Statistics matched forecasts in a Reuters poll of analysts and marked a decline from April\u2019s 3.5 per cent figure.<\/p>\n<p>The numbers came a day before a BoE policy meeting at which the central bank is expected to keep its key rate unchanged.<\/p>\n<p>The Monetary Policy Committee last month lowered borrowing costs by a quarter point to 4.25 per cent, but minutes from the meeting revealed sharp divisions among the nine policymakers over the threat from inflation.<\/p>\n<p>The ONS said after April\u2019s inflation release that its headline reading for the month had been boosted by around 0.1 percentage point because of an error in vehicle excise duty data. It said it would use correct figures in May\u2019s reading.<\/p>\n<p><em>This is a developing story<\/em><\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.ft.com\/content\/fa5f516f-f779-44fa-9a81-efbff5bfde38\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Stay informed with free updates Simply sign up to the UK inflation myFT Digest &#8212; delivered directly to&hellip;\n","protected":false},"author":6,"featured_media":31179,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-31178","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/31178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31178"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/31178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/31179"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}