Economic Buzz: UK inflation unchanged at 2.8% in May
The Consumer Prices Index including owner occupiers' housing costs (CPIH) grew 3% in the reported month, year over year, while the reading rose 0.2% from April. The Consumer Price Index (CPI) excluding food, energy, alcohol, and tobacco grew 2.6% on an annual level, up from 2.5% registered in April, and rose 0.3% on a monthly basis.
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