UK Inflation remained at 2.8% in the year to May as the pace of food price rises slowed to a 17-month low, official figures show, but is still above the Bank of England’s 2% target.
Transport costs rose by the fastest rate, the Office for National Statistics (ONS) says, while the rate of price increases in meat, dairy and vegetables eased.
UK Chancellor Rachel Reeves welcomed the news, saying the government has "got the right economic plan".
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