FOREX TradingCharts.com

Financial News: UK Inflation Softens In May

UK Inflation Softens In May

06/18/2025 - 02:25:00 (RTTNews)

(RTTNews) - UK consumer price inflation softened in May largely due to easing transportation cost, data from the Office for National Statistics revealed on Wednesday.

The consumer price index registered an annual increase of 3.4 percent, slightly slower than the 3.5 percent rise seen in April. However, inflation was slightly above forecast of 3.3 percent.

On a monthly basis, the consumer price index gained only 0.2 percent, much slower than the 1.2 percent rise seen in April.

Core inflation that strips out prices of energy, food, alcohol and tobacco eased to 3.5 percent, in line with expectations, from 3.8 percent in the previous month.

The CPI goods climbed at a faster pace of 2.0 percent after a 1.7 percent rise, while services inflation slowed to 4.7 percent from 5.4 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Russia Slashes Interest Rates Again On Easing Price Pressures (11 hr(s), 15 min(s), 57 sec(s) ago)
(RTTNews) - Russia's central bank lowered the key interest rate massively for a second policy ...Full Story»

UK Retail Sales Rebound As Warm Weather Boosts Spending (12 hr(s), 42 min(s), 57 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted consumer spending but consum ...Full Story»

Eurozone Bank Lending Growth Improves (13 hr(s), 35 min(s), 57 sec(s) ago)
(RTTNews) - Eurozone bank lending increased at a faster pace in June despite trade tariff concerns ...Full Story»

Russia Central Bank Cuts Interest Rate By 200 Bps (14 hr(s), 36 min(s), 57 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate by 200 basis points on Friday cit ...Full Story»

German Business Sentiment Strongest In More Than A Year (15 hr(s), 14 min(s), 57 sec(s) ago)
(RTTNews) - German business confidence improved to the highest level in more than a year in July d ...Full Story»

French Consumer Sentiment Improves Marginally (16 hr(s), 04 min(s), 57 sec(s) ago)
(RTTNews) - French consumer confidence improved marginally in July, monthly survey results from th ...Full Story»

Singapore Industrial Production Recovers In June (17 hr(s), 35 min(s), 57 sec(s) ago)
(RTTNews) - Singapore's industrial production growth accelerated in June, figures from Economi ...Full Story»

UK Retail Sales Recover In June (18 hr(s), 32 min(s), 57 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted food and non-food store sale ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Russia Slashes Interest Rates Again On Easing Price Pressures

07/25/2025 - 10:16 AM (RTTNews)
(RTTNews) - Russia's central bank lowered the key interest rate massively for a second policy ...Full Story>>

UK Retail Sales Rebound As Warm Weather Boosts Spending

07/25/2025 - 08:49 AM (RTTNews)
(RTTNews) - UK retail sales recovered in June as warm weather boosted consumer spending but consum ...Full Story>>

Eurozone Bank Lending Growth Improves

07/25/2025 - 07:56 AM (RTTNews)
(RTTNews) - Eurozone bank lending increased at a faster pace in June despite trade tariff concerns ...Full Story>>

Russia Central Bank Cuts Interest Rate By 200 Bps

07/25/2025 - 06:55 AM (RTTNews)
(RTTNews) - Russia's central bank slashed its benchmark rate by 200 basis points on Friday cit ...Full Story>>

German Business Sentiment Strongest In More Than A Year

07/25/2025 - 06:17 AM (RTTNews)
(RTTNews) - German business confidence improved to the highest level in more than a year in July d ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.