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Welcome to the Money blog, Sky News' personal finance and consumer hub. Inflation has come in at 3.4% for May - follow what ...

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The Bank of England has decided to hold the base rate at 4.25 per cent as inflation pressure continues to grow. The decision follows yesterday's announcement that inflation stood at 3.4 per cent in ...

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UK inflation was higher than expected in May as rising food prices offset a drop in air fares and transport costs, new official figures show. The rate of Consumer Prices Index (CPI) inflation fell to ...

THE UK’s rate of inflation fell slightly in May. The Office for National Statistics (ONS) said the Price Index (CPI) rate of inflation measured 3.4% in the 12 months to May.