Rate rise pressure eases as inflation remains unchanged at 2.4%
Industry News | 13/06/18
CPI inflation remained unchanged at 2.4% in May 2018, according to the latest ONS data, leading to industry speculation that interest rates will remain unchanged until later in the year, or even into 2019.
CPIH, which the ONS uses as its headline measure and which includes owner occupiers’ housing costs, was 2.3% in May, up from 2.2% in April.
Source: financial reporter