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Economy & Money

UK inflation stays steady at 2.8% despite Iran conflict driving up fuel prices

Business | The Guardian UK 17 June 2026, 06:00 UTC 17 Jun 2026
UK inflation stays steady at 2.8% despite Iran conflict driving up fuel prices
Business | The Guardian

Flatlining figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest rates UK inflation unexpectedly remained at 2.8% last month despite the Middle East war driving up energy prices, official figures have shown. May’s annual price rise reading recorded by the Office for National Statistics confounded economists’ forecasts of a rise to 3%. Continue reading...

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