
UK Inflation Holds Steady at 3.4% in May, Aligning with Economic Forecasts
UK Inflation in May 2024: A Nuanced Landscape The UK’s economic narrative is increasingly defined by inflation, with the latest figures from mid-June 2024 painting a complex picture. The annual inflation rate for May 2024 stood at 3.4%, a marginal decrease from April’s 3.5%. While this aligns with analyst expectations and Bank of England forecasts,…