AI Data Insight

The month-over-month (MoM) growth rate of the UK's CPI in Q2 (May) 2026 dropped to 0.2%, significantly lower than the previous 0.7% and the market consensus of 0.4%. Influenced by falling food prices effectively offsetting the rise in transportation costs, overall price pressures have temporarily cooled. With international oil prices pulling back, the Bank of England (BoE) is expected to have the leeway to keep the current benchmark interest rate unchanged.

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