Food price rises lowest since October 2021; core inflation excluding food and energy also slows
It is the first time inflation has met the Bank of England’s 2% target since July 2021.
Prices of food and soft drinks rose by 1.7% in the year to May, down from 2.9% in April, and the lowest rate since October 2021.
Continue reading…Food price rises lowest since October 2021; core inflation excluding food and energy also slowsIt is the first time inflation has met the Bank of England’s 2% target since July 2021.Prices of food and soft drinks rose by 1.7% in the year to May, down from 2.9% in April, and the lowest rate since October 2021. Continue reading…
