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UK inflation unexpectedly stays at 2.8% with higher transport costs offset by slower food price rises – business live

The Guardian Business Wednesday 17 June 2026, 06:11 UTC By Julia Kollewe 1 min read
Key Points

Food prices rose at the slowest rate since December 2024Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. It’s inflation day in the UK! The annual inflation rate unexpectedy stayed at 2.8% last month, as the impact of the Iran war was not as bad as feared.9.30am BST: UK House prices and rents10am BST: Eurozone inflation final for May1.30pm BST: US retail sales for May7pm BST: US Federal Reserve interest rate decision (no change...

Food prices rose at the slowest rate since December 2024

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

It’s inflation day in the UK! The annual inflation rate unexpectedy stayed at 2.8% last month, as the impact of the Iran war was not as bad as feared.

9.30am BST: UK House prices and rents

10am BST: Eurozone inflation final for May

1.30pm BST: US retail sales for May

7pm BST: US Federal Reserve interest rate decision (no change expected)

Continue reading...
UK (LOCATION) the Iran war (EVENT) BST (ORG) UK House (ORG) May1.30pm (ORG) US (LOCATION) US Federal Reserve (ORG)
Originally published by The Guardian Business Read original →

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