UK CPI slowed from 2.3% yoy to 2.0% yoy in May, lowest since July 2021. Core CPI (excluding energy, food, alcohol and tobacco) slowed from 3.9% yoy to 3.5% yoy. Both matched expectations. CPI goods annual rate fell from – 0.8% yoy to -1.3% yoy, while CPI services annual rate eased slightly from 5.9% yoy […]

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