Inflation unexpectedly steady as food price rises slow (opens original article in a new tab)

Inflation stayed at 2.8% in May, lower than expected, with transport costs rising fastest and food prices slowing, as experts predict a potential peak in 2026.

• Inflation remained at 2.8% in May, below the expected 3%
• Transport costs rose fastest, while food and non-alcoholic beverages saw slower price increases
• Economists predict inflation to peak between 3.5% and 4% in 2026